Circle starts collaborating with large institutions to test the ARC Blockchain.

On October 28, according to CoinDesk, Circle (ticker: CRCL), the issuer of USDC, is gradually approaching the launch of its payment-focused Arc Blockchain, which is currently in the testing phase with several institutions. The company announced on Tuesday that the public Testnet version of Arc is now live, allowing over 100 Financial Institutions, asset management companies, and tech firms, including Visa, HSBC, BlackRock, and Anthropic, to participate in the testing.

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