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Stock impact report

PhotonPay joins Circle Arc's public testnet to progress payment innovation [Yahoo! Finance]

Circle Internet Group, Inc. Class A (CRCL) 
Company Research Source: Yahoo! Finance
The Arc public testnet is claimed to be an open, developer-friendly Layer-1 blockchain intended to bring real-world economic activity onchain and evolve into an economic operating system (OS) for the internet. Collaborating with companies in global payments, technology, and fintech, this initiative represents a notable advancement in the development of open and programmable financial infrastructure. It underscores an important transition in the modernisation of global payment systems, with the objective of enabling enterprises to implement blockchain-based financial solutions. Claimed to be used by more than 200,000 businesses worldwide to address banking and payment challenges, PhotonPay offers scalable, and customisable solutions including accounts, card issuing, global payouts, online payment, FX management, and embedded finance. Arc represents a milestone in developing open financial networks for the global economy. It features predictable dollar-based fees, sub-second tr Show less Read more
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