Arc Blockchain: Circle's new initiative to build the future of stablecoins

Those of us who use crypto know that when we make transactions, we often face various problems. For example, fees are sometimes low, sometimes skyrocketing, which is beyond our expectations. Many times we make a small transaction, and that transaction is not confirmed at once, and sometimes it is canceled. So this new blockchain network will be much more helpful in all those aspects.

Sometimes when we make a big transaction and there are many privacy problems when we make that big transaction. So, Circle thought that after seeing these problems, if a separate blockchain could be created with a stablecoin, then a lot of trouble would be reduced. And Arc was born from that idea.

Why do netizens see this blockchain a little differently from all other blockchains? In fact, a few things make Arc different from others:

Fees can be paid with USDC
Ethereum requires ETH, Solana requires SOL. But in Arc, expenses can be paid directly with USDC. As a result, you can understand what the expenses will be in advance.

• The transaction is over once
  Here, the transaction is final; there is no chance of reversal in the middle.

• Privacy benefits
  Sometimes it is not good to have all the information open in business. Arc can keep the transaction amount secret if it wants, and can also show it to regulatory agencies if necessary.

• Easy connection
  Not only Arc, you can also easily transact with Ethereum or Solana if you want.

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After reading this post, you must be wondering, if we can't find it on Google or anywhere else, when will we see it? So let me tell you that Arc is not yet fully launched. It is progressing step by step, and we will have to wait a little while for us to be able to take advantage of it very soon.

The private testnet started in August this year. This was announced by senior officials of the Circle company.

However, it is expected that the public testnet will come by the end of the year. And it is planned to launch the main network in 2026. Now let's see what happens next

Arc is actually beneficial for ordinary users as well as for large institutions and banks. Because they want

• The cost should not be excessive.

• The transactions should be safe and secure.

• There should be privacy, and the law should also be followed.

• Arc is being created keeping these needs in mind.

So friends, I think that just as Circle made our lives easier with USDC before, this time with Arc, they will open a new horizon for the use of stablecoins. This is not just for crypto trading, but it can bring a new change in the entire economic world. Anyway, I shared some very important news with you. I hope you like it. Everyone, stay well and stay healthy. Thank you.