Business Wire
BusinessVisa faces more than 300 layoffs at its Foster City campus after new California filingsThe Apex TimesBusinessBank of America and USAA sign cross-licensing deal covering each other’s patent portfoliosThe Apex TimesBusinessDisney’s fiscal Q3 results top expectations as Experiences and Entertainment lift profit, streaming improves despite Sports pressureThe Apex TimesBusinessLarry Ellison’s Oracle Dividend Payout Highlights the Scale of Wealth, and the Math Behind ItThe Apex TimesBusinessCVS Health Q2 2026 earnings call draws investor focus as pharmacy and benefits pressures remain in the spotlightThe Apex TimesBusinessBoeing earmarks $250,000 from its charitable trust for wildfire recovery in Eastern WashingtonThe Apex TimesBusinessAlphabet and Meta weigh potential fallout as Senate advances kids online safety billsThe Apex TimesBusinessUber shares slide after second-quarter revenue miss and softer bookings outlookThe Apex TimesBusinessPalantir’s surge in quarterly results lifts revenue sharply, but raises the question of how durable the growth isThe Apex TimesBusinessElizabeth Warren links everyday social and email use to the AI boom, argues Americans should share in the gainsThe Apex TimesBusinessMcDonald’s value push runs into resistance as sales trail expectations, according to market reportsThe Apex TimesBusinessCVS Health’s quarterly profit jumps to $2.9 billion as Aetna cost pressures easeThe Apex TimesBusinessVisa faces more than 300 layoffs at its Foster City campus after new California filingsThe Apex TimesBusinessBank of America and USAA sign cross-licensing deal covering each other’s patent portfoliosThe Apex TimesBusinessDisney’s fiscal Q3 results top expectations as Experiences and Entertainment lift profit, streaming improves despite Sports pressureThe Apex TimesBusinessLarry Ellison’s Oracle Dividend Payout Highlights the Scale of Wealth, and the Math Behind ItThe Apex TimesBusinessCVS Health Q2 2026 earnings call draws investor focus as pharmacy and benefits pressures remain in the spotlightThe Apex TimesBusinessBoeing earmarks $250,000 from its charitable trust for wildfire recovery in Eastern WashingtonThe Apex TimesBusinessAlphabet and Meta weigh potential fallout as Senate advances kids online safety billsThe Apex TimesBusinessUber shares slide after second-quarter revenue miss and softer bookings outlookThe Apex TimesBusinessPalantir’s surge in quarterly results lifts revenue sharply, but raises the question of how durable the growth isThe Apex TimesBusinessElizabeth Warren links everyday social and email use to the AI boom, argues Americans should share in the gainsThe Apex TimesBusinessMcDonald’s value push runs into resistance as sales trail expectations, according to market reportsThe Apex TimesBusinessCVS Health’s quarterly profit jumps to $2.9 billion as Aetna cost pressures easeThe Apex TimesBusinessVisa faces more than 300 layoffs at its Foster City campus after new California filingsThe Apex TimesBusinessBank of America and USAA sign cross-licensing deal covering each other’s patent portfoliosThe Apex TimesBusinessDisney’s fiscal Q3 results top expectations as Experiences and Entertainment lift profit, streaming improves despite Sports pressureThe Apex TimesBusinessLarry Ellison’s Oracle Dividend Payout Highlights the Scale of Wealth, and the Math Behind ItThe Apex TimesBusinessCVS Health Q2 2026 earnings call draws investor focus as pharmacy and benefits pressures remain in the spotlightThe Apex TimesBusinessBoeing earmarks $250,000 from its charitable trust for wildfire recovery in Eastern WashingtonThe Apex TimesBusinessAlphabet and Meta weigh potential fallout as Senate advances kids online safety billsThe Apex TimesBusinessUber shares slide after second-quarter revenue miss and softer bookings outlookThe Apex TimesBusinessPalantir’s surge in quarterly results lifts revenue sharply, but raises the question of how durable the growth isThe Apex TimesBusinessElizabeth Warren links everyday social and email use to the AI boom, argues Americans should share in the gainsThe Apex TimesBusinessMcDonald’s value push runs into resistance as sales trail expectations, according to market reportsThe Apex TimesBusinessCVS Health’s quarterly profit jumps to $2.9 billion as Aetna cost pressures easeThe Apex TimesBusinessVisa faces more than 300 layoffs at its Foster City campus after new California filingsThe Apex TimesBusinessBank of America and USAA sign cross-licensing deal covering each other’s patent portfoliosThe Apex TimesBusinessDisney’s fiscal Q3 results top expectations as Experiences and Entertainment lift profit, streaming improves despite Sports pressureThe Apex TimesBusinessLarry Ellison’s Oracle Dividend Payout Highlights the Scale of Wealth, and the Math Behind ItThe Apex TimesBusinessCVS Health Q2 2026 earnings call draws investor focus as pharmacy and benefits pressures remain in the spotlightThe Apex TimesBusinessBoeing earmarks $250,000 from its charitable trust for wildfire recovery in Eastern WashingtonThe Apex TimesBusinessAlphabet and Meta weigh potential fallout as Senate advances kids online safety billsThe Apex TimesBusinessUber shares slide after second-quarter revenue miss and softer bookings outlookThe Apex TimesBusinessPalantir’s surge in quarterly results lifts revenue sharply, but raises the question of how durable the growth isThe Apex TimesBusinessElizabeth Warren links everyday social and email use to the AI boom, argues Americans should share in the gainsThe Apex TimesBusinessMcDonald’s value push runs into resistance as sales trail expectations, according to market reportsThe Apex TimesBusinessCVS Health’s quarterly profit jumps to $2.9 billion as Aetna cost pressures easeThe Apex Times
Back to front
Circle names Visa, Mastercard and BlackRock as validators for September Arc test network launch
The Apex Times

THE APEX TIMES

Business/The Apex Times/Aug 5, 12:00 PM EDT

Circle names Visa, Mastercard and BlackRock as validators for September Arc test network launch

Circle said its Arc network will add Visa, Mastercard and BlackRock as validators, while also pointing to activity on its testnet ahead of a September launch.

2 min readEditor-approved Apex article

Circle, the stablecoin issuer behind USDC, said it has selected Visa, Mastercard and BlackRock to serve as validators for its Arc network ahead of a September launch, according to a report published Tuesday by Decrypt.

The company did not spell out in the announcement how validator roles will be implemented, how responsibilities will be divided, or what verification or governance standards validators will follow. It also did not provide additional timelines beyond the September reference.

The report also said Circle renewed its USDC distribution arrangement with Coinbase on existing terms. In plain terms, a distribution deal like this is designed to route a stablecoin offering to a larger set of users through an exchange or trading platform, helping maintain liquidity and availability rather than building distribution from scratch.

Circle’s Arc initiative, described in the report as a testnet and launch effort, has already recorded significant usage. The report said Arc’s testnet has processed half a billion transactions.

Validators are typically entities that help maintain and verify transactions on a blockchain or distributed network. By bringing in established financial and asset-management institutions as validators, Circle appears to be indicating an approach that blends infrastructure participation with mainstream financial credibility.

In addition to Arc’s validator lineup, the report highlighted Circle’s broader push to make USDC more usable in regulated and payment-adjacent channels. Visa and Mastercard are central players in card-based payment systems, while BlackRock is a major institutional asset manager with experience in custody and market infrastructure.

What Circle has not disclosed in the report is as important as what it has announced. Details such as Arc’s exact architecture, validator selection criteria, the economics of validator participation, performance targets, settlement finality, and any regulatory approvals or oversight mechanisms were not included in the information available for this story.

Investors and industry watchers will likely focus next on whether Arc’s September launch keeps the testnet’s transaction throughput, how quickly new validators are onboarded, and whether Circle provides clearer disclosures on how validator governance works in practice.

Why It Matters

  • Validator participation from major card networks and a large institutional asset manager could strengthen confidence in Arc as a payment-adjacent blockchain initiative.
  • If USDC distribution through Coinbase is renewed, it helps preserve the stablecoin’s exchange accessibility and liquidity pathways.
  • Demonstrating high transaction volume on a testnet can reduce perceived technical risk, but performance at launch will still be measured in real usage.
  • The lack of disclosed technical and governance specifics means market watchers will likely rely on later documentation or onboarding updates for clarity.

Sources

Key Facts

  • Circle said Visa, Mastercard and BlackRock will act as validators for Arc ahead of a September launch.
  • The announcement ties the validator selection to Circle’s Arc network rollout plans.
  • Circle’s USDC distribution deal with Coinbase was said to be renewed on existing terms.
  • Arc’s testnet has reportedly processed half a billion transactions.
  • The report did not provide specific implementation details for validator roles or network governance.

Finance Related

Aug 5, 12:17 PM EDT
The Apex Times

Berkshire lens on a failed AI bet: Buffett’s patience versus a hedge fund’s speed

A recent Business Insider column draws a direct line between Warren Buffett’s long-duration discipline and the way an AI-focused strategy run by Leopold Aschenbrenner stumbled, with the author arguing that “Situational Awareness” moved too fast and did not pair its convictions with the prudence associated with Buffett.

Berkshire lens on a failed AI bet: Buffett’s patience versus a hedge fund’s speed
The Apex Times
Circle names Visa, Mastercard and BlackRock as validators for September Arc test network launch | The Apex Times