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.
Tron Inc. purchased 156,600 TRON (TRX) tokens on November 6, increasing its treasury to 722.27 million TRX, valued at approximately $223.92 million. Over the past week, the company accumulated 1.08 million TRX worth about $344,300, and in the last 30...
On November 6, short positions made up 54.12% of $7.34 billion in Hyperliquid whale exposure, surpassing long positions which accounted for 45.88%. Shorts showed a combined gain of $79.88 million, while longs experienced a loss of $27.33 million. A n...
Ethereum's price fell below €2,000 for the first time since August, dropping to around $2,235 (€2,004) as US spot ether ETFs experienced $365 million in outflows over six weeks. The decline was triggered by a sell-off in tech stocks and forced liquid...
Ripple CEO Bradley Garlinghouse clarified that the RLUSD stablecoin is designed to complement XRP by targeting different use cases, aiming to boost activity on the XRP Ledger rather than compete with XRP. This approach could attract more businesses a...
Strategy raised $2.521 billion in July 2025 through its STRC preferred stock offering to buy 21,021 Bitcoin, using Bitcoin as a reserve asset behind its digital credit model. The company recently shifted STRC dividends to daily record dates with paym...
