Arc Blockchain Explained: Everything You Need to Know About Circle’s Layer 1
🚀 Arc is a new Layer 1 blockchain developed by Circle, specifically designed for stablecoin finance, with major backing from Wall Street giants like BlackRock and Visa.
💰 It utilizes USDC for gas fees, ensuring predictable transaction costs and addressing issues like volatile gas prices and uncertain settlement times in existing blockchain infrastructures.
🔒 EVM-compatible, Arc allows developers to leverage familiar Ethereum tools while prioritizing privacy and offering deterministic sub-second finality for fast and secure transactions.
🚀 Arc is a new Layer 1 blockchain developed by Circle, specifically designed for stablecoin finance, with major backing from Wall Street giants like BlackRock and Visa.
💰 It utilizes USDC for gas fees, ensuring predictable transaction costs and addressing issues like volatile gas prices and uncertain settlement times in existing blockchain infrastructures.
🔒 EVM-compatible, Arc allows developers to leverage familiar Ethereum tools while prioritizing privacy and offering deterministic sub-second finality for fast and secure transactions.