May 11, 2026 2:49 PM

Circle is moving to cannibalize the very networks that made it successful. By launching the Arc blockchain and using USDC as the native gas token, Circle is ditching its reliance on Ethereum and Solana to build a $3 billion corporate walled garden. This isn't just a tech upgrade; it’s a direct attack on decentralization that turns a "neutral" stablecoin into a closed-loop institutional tool. Is this the future of finance, or is Circle betraying the crypto ethos? What’s your take?
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