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How Circle’s institutional Arc blockchain got taken over by memecoins on day one

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How Circle’s institutional Arc blockchain got taken over by memecoins on day one

Circle blockchain Arc's first day was dominated by memecoins, and the traders behind them had already moved on by Thursday morning.

How Circle’s institutional Arc blockchain got taken over by memecoins on day one

Source：CoinDesk

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Source：https://www.coindesk.com/business/2026/09/17/circle-launched-a-corporate-l2-backed-by-blackrock-but-traders-immediately-turned-it-into-a-memecoin-casino