📰 From Issuer to Infrastructure Owner: Circle’s Arc Strategy and the Fatal Gap in the GENIUS Act
🗓️ May 27 2026 01:32 UTC - Forbes
➤ Circle is raising $222 million to build its own Layer-1 blockchain, Arc, where USDC will be the native asset for transaction fees, creating a conflict of interest as the stablecoin issuer also owns the settlement infrastructure.
➤ The GENIUS Act, while regulating stablecoin issuers, fails to address the market structure issue of an issuer owning the settlement network, leaving a regulatory gap that Circle is now exploiting.
➤ Institutional investors like BlackRock and Intercontinental Exchange are backing Arc, signaling a strategic shift towards infrastructure ownership rather than just stablecoin issuance, prompting calls for regulatory intervention to ensure network neutrality.
#circle #arcblockchain #usdc #stablecoinissuer #geniusact #settlementrails #regulatoryvoid #marketinfrastructure #blackrock #intercontinentalexchange
đź”— Read more at: https://rwatimes.io/articles/techflowpost-from-issuer-to-infrastructure-owner-circles-arc-strategy-and-the-fatal-gap-in-the-genius-act-81962242
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npub13n…st9j0
2026-05-27 19:05:42 UTC
Author Public Key
npub13nzw3l59yt5pv2jvz74dr87l3c7fmeja7fdtv8ve7cceaz3krzjsxst9j0Published at
2026-05-27 19:05:42 UTCEvent JSON
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"content": "📰 From Issuer to Infrastructure Owner: Circle’s Arc Strategy and the Fatal Gap in the GENIUS Act\n🗓️ May 27 2026 01:32 UTC - Forbes\n\n➤ Circle is raising $222 million to build its own Layer-1 blockchain, Arc, where USDC will be the native asset for transaction fees, creating a conflict of interest as the stablecoin issuer also owns the settlement infrastructure.\n➤ The GENIUS Act, while regulating stablecoin issuers, fails to address the market structure issue of an issuer owning the settlement network, leaving a regulatory gap that Circle is now exploiting.\n➤ Institutional investors like BlackRock and Intercontinental Exchange are backing Arc, signaling a strategic shift towards infrastructure ownership rather than just stablecoin issuance, prompting calls for regulatory intervention to ensure network neutrality.\n\n#circle #arcblockchain #usdc #stablecoinissuer #geniusact #settlementrails #regulatoryvoid #marketinfrastructure #blackrock #intercontinentalexchange\n\n🔗 Read more at: https://rwatimes.io/articles/techflowpost-from-issuer-to-infrastructure-owner-circles-arc-strategy-and-the-fatal-gap-in-the-genius-act-81962242",
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