Circle Advances Arc Blockchain Testing with Major Institutions

According to BlockBeats, Circle, the issuer of USDC, is nearing the launch of its payment-focused Arc blockchain, now in the testing phase with multiple institutions. The company announced on Tuesday that the public testnet version of Arc is live, enabling participation from over 100 financial institutions, asset management firms, and tech companies, including Visa, HSBC, BlackRock, and Anthropic.