[Circle Founder Confirms Arc Network Will Issue a Token, More Details to Be Disclosed Later] Odaily Planet Daily News – Circle founder and CEO Jeremy Allaire stated during a speech at an offline event in Seoul, South Korea (at the 31:11 mark of the video): 'We are exploring the issuance of a token for Arc Network (the stablecoin payment public chain being developed by Circle) to enable governance, incentives, and economic alignment, and to gradually transition it to a PoS system. We hope to announce more details in the near future.'