WorldPingCircle has opened Arc’s public mainnet with 11 founding validators drawn almost entirely from traditional finance. At least two of them are also among Ripple’s closest commercial partners.
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WorldPingThe Layer 1 network’s validator set is permissioned, and Circle has minted 10 billion ARC tokens without committing to publicly launch them.
Brief by WorldPing · Original reporting by Decrypt
WorldPingCircle confirmed it completed the genesis mint of 10 billion ARC tokens this week, although a public launch of the token remains undecided.
Brief by WorldPing · Original reporting by The Block
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