[Arc Team: ARC Token Minting Completed, Total Supply of 10 Billion, Not Yet Circulating] BlockBeats News, September 17, the Arc team under Circle announced early this morning that the minting of ARC tokens has been completed, with a total supply of 10 billion tokens. The announcement stated that this marks a technical milestone for the Arc mainnet, aimed at transitioning to PoS consensus in the future. The announcement also emphasized that ARC tokens are not yet circulating, tradable, available for public use, or activated for staking, governance, fees, or utility functions. The Arc network currently still operates under Proof of Authority. Future functionalities and activation of ARC may still undergo changes. [Original Link]