Circle is building its own blockchain via Arc and testing stablecoin rails on Base, while facing market pressures regarding high distribution partner costs.
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Updated sep 23
The latest in this situation
How it started
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What happened
Circle is building its own blockchain via Arc and testing stablecoin rails on Base, while facing market pressures regarding high distribution partner costs.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Circle's Arc network achieved major milestones with BlackRock and Visa joining as founding validators, and Binance integrating routes.Sub-event
- Circle introduced Arc as an open Layer-1 blockchain.Sub-event
Circle launched Arc to build its own blockchain and is testing stablecoin rails on Base with JPMorgan.1 source
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The entities involved
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Circle
peer-to-peer payments technology company
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Arc
Italian record label; imprint of RCA Italiana S.p.A.
Nothing else this week.
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BASE
Japanese business
Nothing else this week.
Related events
Coverage
Newest first; wire copies grouped- GuruFocus.comCircle Builds a New Payments Network--And It Could Reroute the Flow of Digital Money Fresh off a blockbuster IPO that's sent shares soaring over 350%, the stablecoin powerhouse has launched its own b