[Arc Chain to Launch on September 16, Circle Co-Founder Responds Positively to Fomo Launch Announcement] Odaily Planet Daily News: This week, the on-chain market driven by Robinhood Chain has temporarily cooled down, with mainstream cryptocurrencies undergoing corrections. The market is now pinning hopes on the next wave of activity with the launch of Arc Chain on September 16. Arc Chain, developed by stablecoin issuer Circle, is an open blockchain network primarily targeting institutional users. There is market debate over whether it will support the crypto-native Meme coin culture. Platforms like OpenSea and fomo have already announced that they will support Arc Chain immediately upon launch. Regarding the fomo launch announcement, Circle Co-Founder Jeremy Allaire has responded positively.