Circle launched Arc, its Layer 1 designed for institutional finance, with BlackRock, Visa and Mastercard as validators. And who dominated volume on day one? The same coins, with 82% of the $410 million exchanged. Launchpads like Arguspad generated $336 million on their own, minting 83,751 tokens in 24h. The reality is clear: as long as speculation pays, traders will bypass the beautiful institutional narratives. How long until serious flows overtake Arc, or are the same ones the real product? #Circle #Arc