Pulsar launches a neobank-style personal finance app on Arc Testnet with fiat and stablecoin support including USDC-denominated gas.
DeFi & Yields ·
Pulsar has launched a neobank-style personal finance application on Arc Testnet, integrating support for both fiat currencies and stablecoins. The app enables USDC-denominated gas transactions and supports USDC and EURC account types, leveraging Arc's stablecoin-native infrastructure to streamline onchain financial operations.
Arc is Circle's EVM-compatible layer-1 blockchain designed around USDC as a first-class asset and native gas token, rather than a volatile proprietary cryptocurrency. The chain features sub-second settlement finality, built-in foreign exchange functionality, and integrations with Circle's cross-chain transfer protocol, positioning it for institutional payments and capital markets use.
The testnet launch represents an early validation of Arc's financial application layer, though questions remain regarding the chain's governance transition roadmap, regulatory treatment of stablecoin-denominated gas, and competitive positioning against other stablecoin-focused chains. Pulsar's specific feature set and timeline for mainnet deployment have not been detailed.