The founder of Circle has confirmed that the Arc Network will issue its own token.

Circle Explores Token for Stablecoin Payment Chain Arc Network

Circle founder and CEO Jeremy Allaire revealed at an offline event in Seoul that the company is exploring a token for Arc Network, its stablecoin payment public chain in development. The goal is to enable governance, incentives, and economic alignment, with a gradual transition to a PoS system. Allaire said more details will be shared in the near future.

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