Circle has officially launched its new Arc blockchain, targeting the needs of institutional finance with a suite of innovative features. According to the official information, this development marks a significant step in enhancing the operational capabilities of financial institutions in the digital asset space.
Stablecoin-Native Gas Fees
One of the standout features of the Arc blockchain is its stablecoin-native gas fees, which effectively eliminate the volatility often associated with transaction costs. This stability is crucial for financial institutions that require predictable expenses in their operations.
Additional Features of Arc
Additionally, Arc offers the following features:
- Deterministic finality, ensuring that transactions are confirmed with certainty
- Opt-in privacy model, allowing institutions to maintain confidentiality while complying with regulatory requirements
These features collectively position Arc as a robust solution tailored for the complexities of modern financial workflows.
Following the launch of Circle's Arc blockchain, Draken has introduced its DaRK protocol, which enhances privacy for smart contracts. This development is crucial for addressing data security concerns in decentralized applications. For more details, see privacy protocol.
