Circle запускает тестовую сеть блокчейна Arc с поддержкой финансовых гигантов Translation: Circle Launches Arc Blockchain Testnet with Support from Financial Giants

Circle has launched a public testnet for its first-level blockchain, Arc, which is marketed as a new «economic operating system» for developers and businesses.

Over 100 organizations have backed the initiative, including major players like BlackRock, Goldman Sachs, Mastercard, Visa, and Amazon Web Services (AWS).

According to the team, Arc offers «predictable dollar fees, transaction completions in less than a second, and customizable privacy.» The network is directly integrated with Circle’s products.

Developers will be able to utilize the blockchain for creating applications in lending, capital markets, currency exchange, and global payments.

Financial giants such as Apollo, BNY, Deutsche Bank, HSBC, Societe Generale, and State Street are participating in the testing phase. They are joined by payment systems Mastercard and Visa, as well as tech firms Cloudflare and AWS.

Support for the project also comes from market makers Wintermute and GSR, exchanges Coinbase and Kraken, and wallets like MetaMask and Ledger, alongside protocols Aave and Uniswap Labs.

Robert Mitchnick from BlackRock highlighted that exploring Arc could provide insights into how stablecoin settlements can enhance the efficiency of capital markets.

In the future, Circle aims to transfer the management of the network to a community of participants. The company envisions Arc as a neutral and collaboratively governed layer of economic infrastructure on the internet.

It’s worth noting that in August, Circle announced the launch of its own blockchain. It was later revealed that the issuer plans to integrate Arc with the institutional platform Fireblocks.