Circle's Arc unveils enterprise privacy engine 'Arc Privacy'

Circle's (CRCL) proprietary stablecoin-focused Layer 1 chain, Arc, has unveiled Arc Privacy, a selective smart contract engine for enterprises. The solution is designed to conceal sensitive on-chain data flows, such as payroll, treasury management, tokenized asset administration, and lending activities. While keeping this information private, it allows access for authorities and audit teams to address regulatory requirements. Arc Privacy is also EVM-compatible, enabling development within existing environments.