The takeover of Circle’s institutional Arc blockchain by memecoins on its inaugural day
When Circle launched its much‑anticipated institutional blockchain, Arc, the crypto community expected a measured debut focused on stablecoins, institutional liquidity, and a suite of enterprise‑grade tools. Instead, the very first day of activity on Arc was seized by a wave of meme‑driven tokens, turning what was meant to be a sober, professional showcase into a chaotic showcase of speculative f…
Sept. 17, 2026, 11:42 a.m.