Circle's own disclaimer says Arc will be "operated by a permissioned validator set" and has not been reviewed by the New York State Department of Financial Services or any other regulator.
Circle's USDC distribution deal with Coinbase has been renewed on existing terms, and Arc's testnet has processed half a billion transactions.
Circle named BlackRock, Visa, DTCC and eight others as Arc validators as Q2 revenue hit $701M and USDC circulation reached $73.3B.
Circle's strategic partnerships could accelerate blockchain adoption, enhance financial infrastructure, and drive innovation in digital finance.
