X @Ignas | DeFi

Circle’s Arc now challenges Coinbase’s Base.Circle and Coinbase were a perfect match:Circle ran the stablecoin. Coinbase handled distribution.Now Arc steps into Base’s lane: payments, remittances, even FX trading.Remember that Base just rebranded its app with clear priorities:- Social + content tokenization- Payments via Base PayArc does confidential transfers (hidden amounts) and compliance better. Base can still update its payment stack or L2.Maybe Base stays retail, Arc goes institutional?In any case wat ...