Proud of this one! Excited to bring @USDC and @arc to Nigerians all over the world with our friends at @RaenestApp, @gauntlet_xyz , and @Morpho
Arc 🤝 @raenestapp
Raenest is live on Arc.
Raenest is bringing USDC on Arc to nearly 2M diaspora and gig economy users across Nigeria, the US, UK, and Canada.
Users can access USDC opportunities on Morpho, zero-fee fiat-to-USDC conversion, and faster, lower-cost cross-border money movement.
Real financial access on Arc.
Matt Enslin retweeted
Earn Vault is coming to @arc.
A USDC vault curated by Gauntlet, supplying to the cirBTC/USDC market on @Morpho at launch, with a radYC/USDC market collateralized by tokenized treasuries to follow.
Details on the waitlist page: portal.arc.io/earn/earn-vaul…
Earning while you are away from your phone is easier than before.
Meet Pulsar Earn, powered by @Morpho & @SteakhouseFi, bringing access to onchain yield into your everyday money app.
Here's how it works. 🧵
Matt Enslin retweeted
It’s kinda crazy to me that we melt sand down, clean it to 99.99999% purity, literal wizards have to draw it slowly into an ingot, we cut it, inscribe a hundred billion little on/off switches on it, and when you run electric current through it you can do basic arithmetic, which when you do enough of it can do any math on the planet, and which describes reality well enough that we can teach it the ontological meaning of words and their distance from each other on a high-dimensional space, and if you ask, it can tell you what word comes next and that apparently is powerful enough that if you do it a hundred billion times it’s the smartest thing to ever exist
oh yeah and we use this primarily for email
Matt Enslin retweeted
SafePal wallet suite natively integrates the 4 new @Morpho vaults on @Arc, curated by @gauntlet_xyz & @SteakhouseFi
This brings the total of SafePal Earn vaults to 10 🙌
Stay tuned for more to come 👀
Matt Enslin retweeted
Arc 🤝 @Aster_DEX
Aster now supports USDC collateral on Arc, with USDC-margined perpetual futures on BTC, ETH, and SOL now live.
For the first time, USDC is a trading and margin asset on Aster.
Come hang with us
Trading and DeFi on Arc, now in Arc House.
A new community group for traders, builders, and partners:
→ Get started with USDC through Arc Portal
→ Compare how DeFi apps work
→ Share what you’re building and get feedback
community.arc.io/public/club…
Matt Enslin retweeted
Extended now settles on @arc.
The migration of $120 million in TVL is complete, with open positions and orders carried across. Trading continued throughout the process.
What this means for our users:
• Faster deposits and withdrawals, leveraging Arc’s sub-second finality.
• Native USDC transfers through Circle’s CCTP.
• cirBTC is now the BTC collateral asset.
Deposits and withdrawals are open again.
Matt Enslin retweeted
Extended is now Arc native. Excited for the next chapter, and looking forward to working with @jerallaire and the @circle team on a wide range of opportunities.
👀
Brand new market on @arc 👀
syrupUSDC from @maplefinance can now be used on @Morpho, with Gauntlet USDC Balanced supplying the market.
app.morpho.org/arc/variable/…
Huge moment for @arc. Welcome to the fam, @extendedapp. Extended will power @USDC derivatives on a wide range of assets, from crypto to RWAs and beyond.
Extended moves to @arc on Thursday.
Settlement migrates from Starknet to Arc on October 22 at 13:00 UTC. The migration is planned with no interruption to trading. Positions can still be liquidated during this time, so top up margin beforehand. Transfers between sub-accounts stay open.
Most accounts need to do nothing. Your account, sub-accounts, positions, orders, history, points and keys carry across unchanged. USDC migrates as native USDC, ETH migrates 1:1 as wETH, and Vault (XVS) balances and withdrawal rights are preserved.
If you hold more than $1 of USDT or wBTC in any sub-account, you must act by 12:00 UTC on October 21:
- Authorise the conversion in-app. USDT converts to USDC and wBTC to cirBTC at 1:1 during the migration, with no swap fees. Extended credits a 0.50% premium.
- Or withdraw both assets.
If you miss the deadline, your whole account will be restricted for up to 30 minutes on October 21 while Extended cancels orders, closes positions in the affected sub-accounts at mark price with no fees, and returns your USDT and wBTC to your login wallet.
Deposits and withdrawals will be paused for up to 2 hours during the migration.
Full details can be found in the documentation: docs.extended.exchange/about…
Matt Enslin retweeted
Built something in Arc Studio?
Ship it on Arc Mainnet and apply for one of 8 microgrants, 500 USDC each.
Experiments must be built in Arc Studio and move real USDC on Arc Mainnet.
Submissions close Nov. 1.
Details + apply: dorahacks.io/hackathon/arc-m…
A supercycle of new onchain assets is now here, and visionary teams like @Morpho are building the next generation of financial infrastructure on @USDC and @arc to make them useful.
“Our belief is that tokenized equities will be the largest demand driver for tokenization onchain, since the birth of stablecoins.”
- @stablenzo from @circle during @Vault__Summit Singapore