Circle has distributed 10 billion ARC tokens to 11 addresses.

BlockBeats news, September 17: According to Bubblemaps monitoring, Circle has completed the minting of 10 billion ARC tokens and distributed them to 11 addresses via empty addresses, which can now be tracked in real-time on-chain.

Early this morning, the Arc team, Circle's public chain, announced that the minting of ARC tokens has been completed, with a total supply of 10 billion. The team emphasized that ARC tokens are not yet in circulation, tradable, available for public use, or activated for staking, governance, fees, or utility functions. According to the previous whitepaper, the ARC token distribution plan is: 60% allocated to the ecosystem (token sales, developer grants, network growth); 25% allocated to Circle (protocol development, staking, and governance); 15% allocated to long-term reserves (strategic flexibility and economic stability).