Circle’s Arc Blockchain Enters Public Test Phase with Major Institutions

Circle, the issuer of USDC stablecoin, is gearing up to launch its payment-focused blockchain network, Arc, with a public test phase underway. Multiple institutions have signed on, including Visa, HSBC, BlackRock, and Anthropic, participating in the testing process that now welcomes over 100 financial organizations and tech companies. This move signifies a significant step towards making Arc a fully operational platform for financial transactions.