Odaily Planet Daily reports that Circle will launch the Arc public mainnet on September 16, 2026, with its first 11 founding validators including BlackRock, Visa, Mastercard, and the Depository Trust & Clearing Corporation. Arc uses USDC as its native gas token, supporting sub-second finality and optional privacy features, targeting stablecoin payments, real-world assets, and tokenized markets; BlackRock plans to deploy its BUIDL fund onto Arc to enable on-chain subscription and redemption. Circle stated that the entire initial supply has been minted in the U.S. this week, but this is solely a technical milestone and does not constitute a commitment to public offering; the company is exploring a transition from proof-of-authority to proof-of-stake consensus mechanism in 2027.
Circle Completes 10 Billion ARC Genesis Mint, No Public Offering Pledged
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Summary
Circle has completed the minting of 10 billion ARC tokens for its Arc public blockchain mainnet, marking a major on-chain milestone. The mainnet launched on September 16, 2026, with 11 founding validators, including BlackRock, Visa, and Mastercard. Arc uses USDC as its gas token and supports real-world assets (RWA), offering sub-second finality and optional privacy. BlackRock plans to deploy its BUIDL fund on Arc for on-chain redemption. Circle emphasized that the minting was a technical achievement, not a public offering. The company may transition to proof-of-stake by 2027.
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