CoinVoice has learned that, according to Chainwire, Informal Systems announced today that its high-performance consensus engine Malachite has been acquired by the global fintech company Circle Internet Group (CRCL) and will be used to support the launch of the Layer-1 blockchain network Arc, specifically designed for stablecoin finance.



The integration of Circle with Malachite will enhance the performance, reliability, and security of stablecoin payments, further realizing the vision of low-cost, borderless trusted financial infrastructure. The Malachite codebase will continue to maintain the Apache 2 open-source license, ensuring ongoing innovation in the industry.
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