Arc 🤝
@cyclesmoney
Cycles is bringing its multilateral clearing network to Arc, using USDC as the settlement asset for netted B2B payment obligations.
Instead of settling every obligation one by one, Cycles nets them down and settles the residual on Arc.
This brings:
→ A new settlement category on Arc: clearing and obligation netting
→ USDC settlement for B2B payment flows
→ Cycles is led by Cosmos co-founder Ethan Buchman
Arc is built to support real economic activity, from payments and treasury to new forms of onchain clearing.
More to come.