Original sourceSolana CompassAdditional: cryptoninjas.net
Summary
Phantom wallet supported the Circle Arc mainnet on its launch day, becoming the first major wallet to support Arc. Arc is Circle's L1 with USDC as its native gas and value asset, targeting institutional use cases including FX settlement, tokenized real-world assets, and stablecoin payments. Foundin…
Key points
- Day-one wallet support lowers the friction for users entering a new chain and shows that institutional and retail onboarding onto USDC-denominated settlement networks is happening in parallel.
- A mainstream wallet supporting a new L1 on day one is a key indicator of whether the chain can quickly gain real users rather than just sitting on an institutional list.
- Solana users can enter Arc directly through a familiar wallet interface, while developers can assess deploying payment and settlement apps in a USDC-denominated environment.
Editorial note
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