Circle has completed the minting of 10 billion ARC Genesis tokens—but don’t jump to assuming this is a public sale or an air drop. The official position is that this is only a technical milestone for the launch of the Arc mainnet. Validators such as BlackRock, Visa, and others are involved for verification. Network gas is still settled in USDC, while ARC mainly serves functions related to security, utility, and governance coordination. What’s even more worth paying attention to is Circle’s exploration of switching the consensus mechanism from PoA to PoS in 2027. If that happens, ARC may enter a clearer phase of staking and value capture. For now, the issuance method and distribution schedule are still undecided, so it’s best to stay level-headed about any narrative that “Genesis equals getting rich.”

#Circle #Arc #USDC