PANews, August 5: Circle announced that its open blockchain network Arc, designed for global financial markets, will officially launch on the public mainnet on September 16. Arc is currently operating on a private mainnet and has attracted over 100 institutions and ecosystem participants. BlackRock, DTCC (The Depository Trust & Clearing Corporation), Galaxy, Global Payments, ICE, Mastercard, MoneyGram, SBI Group, Standard Chartered Bank, Sumitomo Corporation, and Visa will serve as founding validators to support Arc’s network security and governance.
Circle announces the Arc Mainnet launch on September 16 with major financial institutions as validators.
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Summary
Circle has announced the Arc mainnet launch on September 16, marking a key on-chain event for global financial markets. The open blockchain network is currently operating on a private mainnet and has attracted over 100 institutional and ecosystem participants. Genesis validators include BlackRock, DTCC, Galaxy, Global Payments, ICE, Mastercard, MoneyGram, SBI Group, Standard Chartered, Sumitomo Corporation, and Visa. These entities will help secure and govern the network. The Arc mainnet represents a major milestone in token launch news for Circle and its partners.
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