BlackRock and Visa lend their support, Circle’s new chain Arc but its first day was a meme coin frenzy
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AT A GLANCE
Circle launches Arc a public chain, with high first-day DEX trading volume driven mainly by a meme coin launchpad.
Article
BlackRock and Visa lend their support, Circle’s new chain Arc but its first day was a meme coin frenzy
Circle launches Arc a public blockchain, taking inspiration from Robinhood Chain’s cold start and relying on a meme coin launchpad to generate high first-day DEX trading volume. Its core goal is to increase the share of its own USDC channels, enter AI-agent payments, and simultaneously develop BTC-mapped assets, but its short-term scale remains limited.
BlackRock and Visa were described as supportive Arc。
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Circle launches Arc a public chain.
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Arc Drawing on Robinhood Chain's cold start and obtaining high first-day DEX trading volume through a meme coin launchpad.
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Arc Core demands include increasing the share of proprietary USDC channels, entering AI agent payments, and positioning for BTC-mapped assets.
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Arc Short-term scale remains limited.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Arc is a public blockchain launched by Circle. The article states that its initial trading activity mainly came from a meme coin launchpad, while it also plans to develop USDC channels, AI agent payments, and BTC-mapped assets.
Why it matters to readers
This indicates Arc that its first-day activity was concentrated in meme coin trading, while its stablecoin, AI payment, and BTC asset initiatives remain at an early stage.
A public blockchain is a blockchain network that runs digital-asset applications;DEX is a decentralized exchange that operates without traditional intermediaries.
Risks and unknowns
The article does not provide specific figures for the first day’s DEX trading volume,Arc short-term scale, or the proportion of USDC channels.
The article does not specify how BlackRock and Visa provided support.Arc。
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public blockchain
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