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Circle founder confirms Arc Network will issue tokens, more details to be disclosed later
Mars Finance reports that Jeremy Allaire, the founder and CEO of Circle, said at an offline event in Seoul, South Korea: “We are exploring issuing a token for Arc Network (a stablecoin payment public chain Circle is developing) to achieve governance, incentives, and aligned economic interests, and to gradually transition it to a PoS system. We hope to announce more details in the near future.”