Circle has minted the ARC token for its Arc blockchain, which the article says makes it the first publicly traded company to mint a network token for a new blockchain. The minting is described as a technical milestone in the Arc roadmap as the network explores a future transition from Proof of Authority to Proof of Stake. The article stresses that minting ARC does not commit Circle to a public launch. ARC is not live, tradeable, or usable for staking, governance, fees, or utility; Arc remains Proof of Authority, and future token functionality may change. An official ARC contract address was shared.

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