Circle introduced Arc as an open Layer-1 blockchain.
5 reports, 5 independent
Updated Wed 00:00
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Reached 2 outlets in its first 24 hours
- Reports
- 5
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- Repetition
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New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Circle introduced Arc as an open Layer-1 blockchain.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Arc blockchain, developed by Circle, is launching in Dubai using Malachite technology.1 source
Circle officially introduced Arc as its open Layer-1 blockchain.1 source
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The entities involved
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Circle
peer-to-peer payments technology company
- Coinbase operates as a leading regulated crypto exchange, utilizing its Base Layer-2 network built on Ethereum, and shares revenue with Circle in the USDC ecosystem.
- Hana Bank is participating in a settlement network trial involving the Bank of Korea, while Binance announces a $100M investment to promote Circle's USDC.
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Arc
Italian record label; imprint of RCA Italiana S.p.A.
Nothing else this week.
Related events
- Bureau Veritas audited tokenized gold reserves related to the Arc blockchain built by Circle.
- Arc is an L1 network built by Circle, and the SEC is leading a tokenized securities pilot framework.
- Industry leaders like Circle, Stripe, Robinhood, and Coinbase are exploring proprietary blockchain solutions to meet the demands of decentralized payments.
Coverage
Newest first; wire copies grouped- sina.com.hk
- postregister.com
- benzinga.com
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