Circle launches Arc Layer-1 blockchain amid US reserve-mandate risk
Circle Internet Group launched Arc, a Layer-1 blockchain with sub-second finality, USDC fees, and opt-in privacy, alongside initial app support. The Senate Digital Asset Market Clarity Act could impose 1:1 reserve mandates and expand BSA rules.
Circle Internet Group, Inc. Class A (NYSE:CRCL) this week launched Arc, a Layer—1 blockchain with sub—second finality, USDC fees, opt—in privacy and broad initial app support, even as the Senate’s Digital Asset Market Clarity Act could impose 1:1 reserve mandates, expanded BSA rules and higher cost…