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BREAKING: Circle Drops ARC Whitepaper, 10B Token Supply, Summer Mainnet BREAKING: Circle just published the official ARC token whitepaper. JUST IN: 60% of the supply heads to ecosystem development.
Another 25% is locked for protocol build-out. The final 15% sits in long-term reserve. The USDC issuer is moving past stablecoins. ARC is the native token of Arc, Circle's incoming Layer 1.
Pre-sale already pulled $222 million. Institutional demand is clearly live. Initial inflation is set at 2 to 3 percent. Validators and stakers get the rewards. That bucket is meant to lock the network down fast.
Now the fee model: users pay gas in any supported crypto. The protocol auto-converts to ARC behind the scenes. Translation: more network usage means more ARC torched.
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