Circle adds $3 billion Wall Street Arc token risking an uncomfortable rivalry with Coinbase

May 12, 2026 - 22:00
Circle adds $3 billion Wall Street Arc token risking an uncomfortable rivalry with Coinbase
Make CryptoSlate preferred on Circle’s $222 million ARC token presale has given Wall Street a new way to value the USDC issuer, while raising a harder question for one of crypto’s most profitable alliances. On May 11, Circle said investors led by a16z Crypto backed the presale of ARC, the native token for Arc, its...

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