Don’t directly equate “Genesis Minting” with a public offering or an airdrop. This week, Circle completed an initial minting of 10 billion ARC on the Arc mainnet, but the official statement emphasizes that this is merely a technical milestone and does not mean the token is about to be publicly sold. Institutions such as BlackRock and Visa participated as validators, and network gas fees are still settled in USDC. As for the roadmap, Circle is exploring switching the consensus mechanism from PoA to PoS in 2027. In the short term, what’s worth paying attention to is whether institutional-grade on-chain settlement and stablecoin payment use cases can truly be made to work; until then, be wary of any links that claim eligibility for an Arc airdrop.

#Circle #Arc #USDC

https://www.theblock.co/news/ecosystems/2026-09-16-circle-launches-arc-mainnet-with-blackrock-and-visa-among-validators-mints-10-billion-arc-tokens-415250?utm_source=twitter&utm_medium=social