X @Circle

Overview - Arc is introduced as an open Layer-1 blockchain designed for stablecoin finance [1] - The aim is to provide a foundation for builders innovating with digital money and tokenized value [1] Key Features - USDC is used as native gas [2] - Features a built-in FX engine [4] - Offers deterministic sub-second finality [4] - Includes opt-in privacy [4] - Full Circle platform integration is available [4] Technology - Powered by Malachite, a high-performance consensus engine developed by @informalinc, ensuring safety, liveness, and resilience [2] - Fully EVM-compatible, allowing developers to use familiar frameworks and tooling [3] Ecosystem and Development - Designed to interoperate seamlessly with the broader multichain ecosystem [3] - Aims to move stablecoin finance from early adoption to globally trusted infrastructure [3] - Private testnet is expected in the coming weeks, with public testnet this fall [3] Stablecoin Focus - Stablecoins have powered trillions in onchain transactions [1] - Designed to scale stablecoin use cases worldwide [2]