The Takeover of Circle’s Institutional Arc Blockchain by Memecoins on Its Inaugural Day
When Circle launched its much‑anticipated institutional blockchain, Arc, the expectation among developers, investors, and regulators was that the platform would quickly become a hub for serious, high‑value financial applications. Instead, the network’s debut was hijacked by a wave of meme‑driven tokens that flooded the chain within hours of its launch. By the time Thursday morning rolled around, …
Sept. 17, 2026, 11:42 a.m.