Circle Launches Arc Mainnet with USDC, Validators Include BlackRock, Visa, Mastercard

Circle opened the public mainnet of Arc, an EVM-based blockchain where USDC serves as the unit of account and means of paying fees. Validators include BlackRock, Visa, Mastercard, DTCC, ICE, Standard Chartered, Galaxy, MoneyGram, and other major financial institutions.

• Arc is an EVM-compatible blockchain with USDC as unit of account and fee payment
• Validators: BlackRock, Visa, Mastercard, DTCC, ICE, Standard Chartered, Galaxy
• BlackRock to deploy tokenized BUIDL fund on the network
• Circle can freeze USDC balances by court order or government request