Circle launched Arc, its Layer-1 blockchain, with Visa and Mastercard as founding validators, also partnering with DTCC and supporting stablecoin JPYC.

The entities involved

• Visa Inc. →

  American multinational financial services corporation

  • Morgan Stanley restated an overweight rating, Capital upped its target price, and TD Cowen reaffirmed a buy rating on Visa Inc.Mon 10:18
  • The Bank of Ghana maintained its policy rate while Visa and Access Bank launched a new payment service, coinciding with cocoa price adjustments in Ghana.Sat 18:37
• Mastercard →

  American multinational financial services corporation

  • Commonwealth Bank adjusts its payment processing programs following changes in Reserve Bank of Australia's policy, affecting card network fees.Sun 19:22
  • PayPal is a San Jose-based company, and its peer-to-peer service Venmo is linked to a Mastercard debit card.Sun 15:49
• JPYC →

  Nothing else this week.

Related events

• Circle's Arc network achieved major milestones with BlackRock and Visa joining as founding validators, and Binance integrating routes.Wed 20:48