This is exactly the standard @GuardianAudits strives for.
Audits shouldn’t be a one-off report — they should leave teams with reusable invariants, better testing discipline, and sharper intuition about their own systems.
Akshay (@akshaybd) of @solana explains just how much of a pain it used to be just to be able to hold US dollars outside the US before stablecoins.
“Before you would’ve had to fill out lending forms and hope that an overseas bank would allow you to hold dollars, but now you can just download an app with the icon of a ghost and easily get US dollars.”
That's now 3 stablecoin-focused L1s unveiled within the past few weeks: @stable, Tempo from @stripe, and now Arc from @circle.
Stable - ⛽ is USDT, guaranteed blockspace for partnered enterprises
Arc - ⛽ is USDC, built-in forex, private TXs
Tempo - ❓...in stealth, but stripe's UX will likely abstract away the chain
The dollar is becoming borderless right before our eyes. Not going to be possible to stop capital flight from weaker currencies.
Introducing Arc, the home for stablecoin finance.
@Arc is an open Layer-1 blockchain purpose-built to drive the next chapter of financial innovation powered by stablecoins.
Designed to provide an enterprise-grade foundation for payments, FX, and capital markets, Arc delivers the performance, reliability, and liquidity builders need to meet global financial demands.
Arc features:
✅ USDC as native gas
✅ Built-in FX engine
✅ Deterministic sub-second finality
✅ Opt-in privacy
✅ Full Circle platform integration
Open, composable, and EVM-compatible, Arc is designed to interoperate seamlessly with the broader multichain ecosystem.
As part of our mission to advance blockchain infrastructure, we're excited to welcome the Malachite team and IP from @informalinc to Circle. Arc is built on Malachite’s high-performance consensus engine.
In line with our commitment to open-source development, the core software for Arc will be released under a permissive license, enabling the broader developer community to contribute, extend, and build on top.
Serving as foundational infrastructure for the internet, Arc will enable 24/7 global settlement that’s as seamless and native as messaging on the web.
Arc will enter private testnet in the coming weeks, with public testnet expected this fall.
Read the litepaper: https://t.co/2nn7o1Q6oA
Let’s build the new internet financial system together: https://t.co/fE2aTnnjrL
The tech we’re building right now @GuardianAudits is cutting edge
Incredibly bullish on the toolkit that will be available to Guardian’s amazing security researchers, as well as the contributions Guardian will make to the web3 sec space as a whole ⚡️
The first Dev roadmap newsletter was released internally at Guardian today.
Needless to say there’s a lot we’re working on and I’m more bullish than ever on the future for Web3 security.
S/o to @aidank1234 🫡
@victorcardenas@base Looks incredible, love what you're doing 🔥 quick question on payments...in the vid, it says these accounts are ready to be paid by Stripe.
Would the business still need an entity acceptable to Stripe to onboard with them?