Circle's Arc Goes Live With KuCoin, Binance and Kraken as Stablecoin Rails Go Mainstream
Circle's Arc went live on 16 September with something most new blockchains spend a year chasing: a way in. Thirteen exchanges switched on direct USDC transfers to the network on its first day, KuCoin among them, which means a user holding dollars on Binance, Kraken, OKX, Bybit, Gate, Upbit or KuCoin can move them onto Arc without routing through Ethereum or a bridge. KuCoin's chief executive BC Wong described the integration as a question of access rather than technology, Invezz reported: a chain built for payments and treasury matters only if the people and institutions holding dollars can reach it in one step. That is the larger point of the launch. For stablecoins to work as payment rails, the on-ramps matter as much as the chain. Circle arrived with most of the industry's on-ramps already connected.
Circle's launch list names thirteen exchanges live on day one: Binance, Bitso, Bitvavo, Bybit,...
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