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Circle Launches Arc Mainnet With BlackRock, DTCC and Visa Producing Blocks

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TLDR — Circle opened the public mainnet of Arc on Wednesday, a Layer 1 blockchain where transaction fees are paid in USDC and blocks are produced by a fixed set of regulated financial institutions rather than an open validator

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Circle opened the public mainnet of Arc on Wednesday, a Layer 1 blockchain where transaction fees are paid in USDC and blocks are produced by a fixed set of regulated financial institutions rather than an open validator market. The chain puts block production in the hands of the firms that clear... Read the full story at The Defiant

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