Key takeout
- Circle and Fireblock work together to promote USDC adoption between financial institutions.
- The partnership leverages ARC, an enterprise-grade blockchain driven by the circle.
Circle and Fireblocks are working together to accelerate the adoption of financial institutions of USDC by leveraging the interoperability of the Fireblocks and Circle Payments networks by leveraging ARC, a new enterprise-grade blockchain.
The partnership combines Circle's Stablecoin network with Fireblocks' management and payment infrastructure to make more institutions on-chain. This collaboration uses ARC. This is described by Circle as an enterprise-grade blockchain platform.
The integration aims to leverage interoperability between the Fireblocks Network and the Circle Payments Network to promote the institutional adoption of USDC, Circle's digital dollar stablecoin.
