{
  "id": 8020000,
  "title": "How Circle’s institutional Arc blockchain got taken over by memecoins on day one",
  "url": "https://urgent.news/2026/09/17/how-circles-institutional-arc-blockchain-got-taken-over-by-memecoins",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T11:42:22.000Z",
  "source": {
    "name": "CoinDesk",
    "slug": "coindesk",
    "url": "https://www.coindesk.com/business/2026/09/17/circle-launched-a-corporate-l2-backed-by-blackrock-but-traders-immediately-turned-it-into-a-memecoin-casino"
  },
  "original_language": "en",
  "account": null,
  "summary": "Circle blockchain Arc's first day was dominated by memecoins, and the traders behind them had already moved on by Thursday morning.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "CoinDesk",
        "title": "Circle debuts Arc blockchain which Jeremy Allaire calls ‘more consequential’ than USDC",
        "url": "https://urgent.news/2026/09/16/circle-debuts-arc-blockchain-which-jeremy-allaire-calls-more",
        "published": "2026-09-16T10:30:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}