Browsing: mainnet

Global Web3 infrastructure ecosystem goes live, integrating sub-second finality, cross-chain bridging, robust institutional settlement tools, and native mobile payment solutions.

Circle launches Arc mainnet for institutional finance | The Paypers NewsCrypto, Web3 and CBDC

Circle has launched Arc Mainnet, a Layer 1 blockchain seeking to power financial markets, stablecoin payments, and a new wave of AI-fueled economic activity. Arc went live on 16 September with 100+ applications and 100+ institutions and ecosystem participants. Circle’s infrastructure has since expanded past USDC▼$0.9998 to include a Layer 1 settlement layer.

Komainu has announced its role as a Day 1 launch partner for the Arc mainnet, providing institutional-grade custody support. This partnership is significant as it highlights the growing institutional interest in blockchain technology and could bolster confidence in the Arc platform. As noted in Komainu’s tweet, the mainnet aims to enhance programmable money and financial…

Circle has launched its Arc Layer 1 network, bringing USDC-based fees, sub-second settlement, and major financial institutions onchain. ByGeorge Georgiev