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Circle’s Arc blockchain network to launch with day one access for institutions via Fireblocks – TON BOT

Circle’s Arc blockchain network to launch with day one access for institutions via Fireblocks

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Circle’s upcoming Arc blockchain will be launched with direct institutional access through Fireblocks, solidifying the stablecoin issuer’s position in the competitive sector. Fireblocks, serving over 2,400 banks and firms, will support Arc from its launch, departing from the norm of adding new blockchains after maturity. Circle’s recent milestones include a successful IPO and revenue growth, while the stablecoin market grows to $277 billion, with USDC and Tether leading the pack. Circle’s strategic move with Fireblocks aims to enhance USDC’s role amid regulatory changes and competition.

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