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Circle Activates Arc Mainnet With USDC Handling Network Fees

Circle’s Arc mainnet is now live, using USDC to pay transaction fees. The network supports more than 20 fiat stablecoins and links to over 20 blockchains, Cointelegraph reported.

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Circle Activates Arc Mainnet With USDC Handling Network Fees
Circle has launched the Arc mainnet, introducing a blockchain environment where USDC serves as the native token for transaction fees. The network also supports more than 20 fiat-backed stablecoins and connects with over 20 other blockchains, according to Cointelegraph. The launch places USDC at the center of Arc’s transaction infrastructure while broadening interoperability across supported blockchain networks. Arc’s mainnet availability is relevant to market participants tracking USDC, stablecoin infrastructure and blockchain connectivity. The source did not provide additional details on transaction volumes, network adoption or the terms of the supported blockchain links. The launch also does not indicate any change to USDC’s status as a stablecoin or establish a market outlook for related crypto assets.
Source Cointelegraph This is an original Moneyiar brief based on the cited source.
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