arcio

As stablecoin USDC has already become the most important store of value on-chain, the shortcomings of existing public chains are becoming increasingly clear: gas costs fluctuate dramatically with token market conditions, transactions carry the risk of being rolled back, institutional compliance and privacy are difficult to balance, and cross-chain asset transfers are cumbersome.
Circle has launched a new public blockchain layer, Arc (official site: arc.io). Its positioning is the economic operating system of the internet. It is not a general-purpose public chain for NFTs or chain games; instead, from the ground up, it is custom-built for real-world financial business volume. Behind it are major traditional financial players, including Goldman Sachs, BlackRock, Visa, and Mastercard. This is a Web3-and-traditional-finance convergence experimental project that is definitely worth paying attention to.