HIFI supports Arc
HIFI supports Arc.
Arc, an EVM-compatible Layer-1 blockchain developed by Circle, is purpose built for moving stablecoins. Three key features impact developers moving money:
Stablecoins as gas, starting with USDC. Transaction fees are priced in dollars.
Deterministic sub-second finality. Transactions finalize in under a second.
A geo-diverse institutional validator set. Eleven founding validators secure the network alongside Circle, including BlackRock, DTCC, ICE, Mastercard, MoneyGram, Standard Chartered, Sumitomo, Galaxy, SBI, Global Payments, and Visa.
Arc launches with markets available from day one including lending, borrowing, trading, onchain FX, payments, and tokenized assets, alongside local fiat stablecoins and programmable Bitcoin.
What developers can do on Arc with HIFI
Arc joins a select number of major chains which HIFI already supports, all via the same API. Developers on HIFI who choose Arc can build
- 24/7 onramps. Fund USDC on Arc from a bank account.
- 24/7 offramps. Convert USDC on Arc to fiat and pay out to bank accounts.
- Onchain swaps. Swap between supported assets on Arc.
- Transfers and bridging. Move balances on Arc and across every other chain HIFI supports.
Teams already building on HIFI can move money on Arc.
