PhotonPay Partners with Arc to Develop the Next-Generation Economic Operating System for the Internet
- PhotonPay joins Circle's Arc testnet to build a blockchain-based Economic OS for digitizing global finance. - The collaboration aims to modernize payment systems with Arc's sub-second transactions and privacy features. - PhotonPay leverages Arc to bridge traditional finance and blockchain, enhancing transparency for 200,000+ businesses. - Arc's institutional adoption by firms like Franklin Templeton highlights blockchain's role in cross-border payment innovation. - Circle's CEO emphasizes Arc as regulato
PhotonPay, a provider of AI-driven financial infrastructure, has
Arc supports a wide range of applications, including lending, capital markets, and cross-border payments, and features stable dollar-denominated fees, near-instant transaction settlement, and customizable privacy options
This alliance reflects a larger movement in the industry: the adoption of blockchain by institutions to simplify international payments, minimize barriers, and improve interoperability. PhotonPay’s involvement in Arc’s testnet demonstrates its dedication to scalable and adaptable solutions, including global disbursements and embedded finance, while Circle’s Arc aspires to serve as the foundation for decentralized financial infrastructure
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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