Why Circle and Stripe (And Many Others) Are Launching Their Own Blockchains
CoinDesk
"Every day, there seems to be a new blockchain for stablecoins. Or at least that’s how it felt this week, when USDC (USDC) issuer Circle announced Arc, its own settlement network, shortly after payments giant Stripe accidentally revealed Tempo, built in collaboration with Paradigm. Stablecoins are poised to disrupt cross-border payments, while tokenization allows traditional instruments like bonds, funds and stocks trade around-the clock with faster settlements on blockchain rails, proponents say."
