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Circle, the world’s second-largest stablecoin issuer, launched the public testnet for Arc, its open layer-1 blockchain network built to bring global financial infrastructure onchain.
The rollout, which Circle calls the “Economic Operating System for the internet,” includes participation from over 100 major companies spanning banking, capital markets and fintech — among them BlackRock, Goldman Sachs, Visa, Mastercard and State Street, according to a Tuesday announcement.
“With Arc’s public testnet, we’re seeing remarkable early momentum…
