Circle Arc Mainnet Launches Sept 16 With BlackRock And DTCC As Validators

Circle's Arc mainnet goes live Sept 16, featuring BlackRock and DTCC as genesis validators to support institutional tokenization and stablecoin settlement.

Woofun AI reports that Circle’s open blockchain network Arc will launch its public mainnet on September 16, transitioning from a private mainnet that has engaged over 100 institutional participants. BlackRock, DTCC, Galaxy, Global Payments, ICE, Mastercard, MoneyGram, SBI Group, Standard Chartered Bank, Sumitomo Corporation, and Visa are designated as genesis validators for network security and governance.

BlackRock intends to deploy its BUIDL fund on Arc, while DTCC is integrating tokenization and settlement capabilities to support on-chain settlement of DTC-held assets via stablecoins. Circle also plans to introduce an application framework, AI tools, and tokenized asset issuance management features on the network.