Circle (CRCL) Stock: Drops 7% as Arc Mainnet Debuts With BlackRock, Visa and Mastercard

TLDR Circle shares fall 7% as Arc launches with major global financial institutions. BlackRock, Visa and Mastercard join Arc’s phased institutional validator rollout. Arc uses USDC for gas while targeting payments, trading and tokenized assets. Aave, Morpho and Uniswap expand Arc’s public DeFi ecosystem from the first day. Arc launches with 100+ apps and institutional [...]

The post Circle (CRCL) Stock: Drops 7% as Arc Mainnet Debuts With BlackRock, Visa and Mastercard appeared first on Blockonomi.