【Circle’s new chain goes live—fees are charged only in USDC, not its own token 💵】
Group chat: 📲加入X先生的粉丝群聊
Circle’s Arc mainnet officially launched on September 16. Transaction fees can be paid using USDC only, and the official goal is about one cent per transaction. Once confirmed in under one second, it’s also compatible with the entire set of Ethereum development tools.
First, let’s clarify one thing: yes, it did issue 10 billion ARC tokens, but they were not publicly sold. These tokens aren’t publicly circulating, and the official team has not promised they will definitely be listed later. If fees don’t use its own token, the price won’t be dragged around by the token’s valuation.
What’s truly worth looking at is its list of validator nodes. BlackRock, Visa, Mastercard, ICE, and DTCC are all in the founding roster. On the launch day, more than 100 companies and institutions participated.
For crypto, this is turning stablecoins from an asset into a settlement rail. This system is linked to more than 20 chains and also includes more than 20 fiat-pegged stablecoins. The on-ramp for traditional funds going on-chain is increasingly starting to resemble a bank’s own back office.
Do you think on-chain settlement will first eat into cross-border remittances, or first into broker-dealer clearing? Let’s discuss in the comments.
#Circle开放Arc主网
Group chat: 📲加入X先生的粉丝群聊
Circle’s Arc mainnet officially launched on September 16. Transaction fees can be paid using USDC only, and the official goal is about one cent per transaction. Once confirmed in under one second, it’s also compatible with the entire set of Ethereum development tools.
First, let’s clarify one thing: yes, it did issue 10 billion ARC tokens, but they were not publicly sold. These tokens aren’t publicly circulating, and the official team has not promised they will definitely be listed later. If fees don’t use its own token, the price won’t be dragged around by the token’s valuation.
What’s truly worth looking at is its list of validator nodes. BlackRock, Visa, Mastercard, ICE, and DTCC are all in the founding roster. On the launch day, more than 100 companies and institutions participated.
For crypto, this is turning stablecoins from an asset into a settlement rail. This system is linked to more than 20 chains and also includes more than 20 fiat-pegged stablecoins. The on-ramp for traditional funds going on-chain is increasingly starting to resemble a bank’s own back office.
Do you think on-chain settlement will first eat into cross-border remittances, or first into broker-dealer clearing? Let’s discuss in the comments.
#Circle开放Arc主网
