Circle's stock price surged 350%, initiating Arc Blockchain's layout for Digital Money Payment Network.

[Coin World] On August 20, it was reported that since the IPO, Circle's stock price has soared over 350%, but its prospects indicate that the growth rate is slowing down. However, Circle's recently launched Arc Blockchain and a company's "Tempo" blockchain project both show that they want to establish their own end-to-end network for their stablecoin payment business. The goals of both seem to have converged, aiming to build a competitive financial network for digital money to "control the flow of these assets" and ensure a place in the next generation of digital payments. However, Circle stated that it hopes to remain market neutral and provide services such as cross-chain transfer protocols to assist USDC and its launched digital euro EURC in transferring across different blockchains.