Circle Launches USDC on Arc Blockchain Testnet With Major Institutional Partners

Circle, the leading issuer of USDC stablecoin, has initiated testing of its new Arc blockchain network with participation from major financial institutions. The Arc blockchain represents Circle's latest innovation in digital currency infrastructure, designed to enhance scalability and interoperability for institutional crypto adoption. This development marks a significant milestone in bridging traditional finance with blockchain technology, potentially accelerating mainstream institutional adoption of digital assets.