Circle launched Arc, a new Layer 1 blockchain designed for financial markets, with $649 million in USDC deployed at launch. The network, supported by major institutions like BlackRock, Visa, and Mastercard, offers fast transactions with low fees using USDC as the native currency. Arc aims to become a multi-currency settlement layer and plans to switch to proof-of-stake in 2027, with its ARC token playing a key governance role. This launch marks a significant step in stablecoin adoption and blockchain integration in traditional finance.
Circle's Arc blockchain launch is notable as a new entrant in stablecoin growth, with $649 million USDC deployed at launch. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Sep 19, 2026 02:21 WIB: 44 out of 50 major cryptocurrencies rose today. Ethereum Classic (ETC) gained 8.85% to Rp142.950, The Sandbox (SAND) rose 8.63% to Rp688, and Bitcoin Cash (BCH) increased 8.40% to Rp4.474.917.
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