According to Wu Blockchain, stablecoin issuer Circle's financial infrastructure, Arc Network, has released the whitepaper for the ARC token. The whitepaper states that ARC will be positioned as the network's 'native coordination asset,' primarily used for economic governance, fee mechanisms, and supporting the network's future transition from Proof of Authority (PoA) to Proof of Stake (PoS) through staking functionality. The official statement emphasizes that the ARC token has not been officially issued yet and is solely intended for internal network operations. It does not represent equity or profit-sharing in Circle and does not have investment or security attributes. https://(wublock123.com)/news/circle-arc-network-releases-arc-token-whitepaper-60904