ARK Point unveils Ark Rail blockchain for stablecoin payments

Blockchain company ARK Point, formerly INFCL, has unveiled Ark Rail, a blockchain network specializing in stablecoin payments and settlement, Maeil Business Newspaper reported. Ark Rail was designed for a stablecoin proof-of-concept (PoC). The company stated that the network can maintain low gas fees while controlling the maximum fee cap even during periods of network congestion.