How Circle’s Institutional Arc Blockchain Was Overrun by Memecoins on Its Inaugural Day
When Circle launched its highly anticipated Arc blockchain, the fintech community expected a measured rollout focused on institutional users, stable‑coin infrastructure, and high‑throughput financial applications. Instead, the very first 24 hours on the network turned into a chaotic showcase of meme‑coin speculation, with a flood of novelty tokens flooding the chain, driving volumes to unpreceden…
Sept. 17, 2026, 11:42 a.m.