PhotonPay participates in the Arc public Testnet under Circle, promoting global payment innovation.

The AI-driven global digital financial infrastructure platform PhotonPay has officially announced its participation in the Arc public Testnet. Arc is an Open Source Layer-1 Blockchain developed by Circle, with the core vision of bringing real-world economic activities on-chain and gradually evolving into the next-generation Internet economic operating system (OS).

This time, PhotonPay has joined forces with innovators in the global payment, fintech, and technology sectors to participate in this groundbreaking project, marking an important step in building an open-source, programmable financial infrastructure. This move not only aligns with the core development trends of modernizing global payment systems but also empowers more businesses to adopt blockchain-driven financial solutions.

As a financial technology platform trusted by 200,000 enterprises, PhotonPay relies on its global operational service network, mainstream national payment licenses, and compliance qualifications to establish a diversified product matrix that includes global accounts, global issuing, global acquiring, global distribution, exchange management, and embedded finance. This helps clients manage the increasingly complex payment environment, allowing them to easily cope with the diverse payment methods available worldwide.

The launch of Arc has set a key milestone in building an open financial network for the global economy. With predictable fees based on the US dollar, sub-second transaction finality, optional privacy configurations, and seamless integration with the Circle full-stack platform, Arc can be widely applied in diverse use cases such as lending, capital markets, stablecoin forex, and global payments.

By participating in the Arc Testnet, PhotonPay is committed to eliminating the barriers between traditional finance and digital asset innovation, thereby promoting the overall enhancement of transparency, security, and efficiency in the global financial ecosystem.