Circle Launches Arc Mainnet Powered by $74 Billion USDC

Circle has launched the Arc mainnet, designed around USDC as its core asset for processing payments and financial activity, according to AMBCrypto. The report cites USDC's market size at $74 billion (approximately 10 trillion 640 billion won). AMBCrypto noted that major financial institutions are preparing to shift their operations to the new network.