The takeover of Circle’s institutional Arc blockchain by memecoins on its inaugural day
When Circle launched its much‑anticipated Arc blockchain, the industry expected a quiet, methodical rollout aimed at institutional investors seeking a stable, regulated environment for digital asset settlement. Instead, the network’s very first day was anything but subdued. Within hours of the mainnet’s activation, a wave of meme‑driven tokens—cryptocurrencies that thrive on internet culture, hum…
Sept. 17, 2026, 11:42 a.m.