CryptoCoinDeskabout 2 hours ago
Circle's Arc Blockchain Overrun by Memecoins on Launch Day
4 min read
Circle's new Arc blockchain launched Wednesday with BlackRock and Visa as validators, but its first 24 hours were dominated by memecoin trading. The chain processed 7.83 million transactions, yet only 624,000 lifetime USDC transfers occurred, missing its core payments purpose.
Level
Hype check
Tap to vote and see what everyone thinks.
