Circle, the issuer of the USDC stablecoin, has announced plans to launch a native token for its ARC L1 blockchain. The blockchain, currently in its testnet phase, is being developed in collaboration with Goldman Sachs and BlackRock. The new token aims to enhance network participation and support long-term growth. In other news, DeepSnitch AI, an AI analytics project, has successfully raised $525,000 during its presale phase. The project is gaining traction as a promising altcoin with significant upside potential. Meanwhile, the broader cryptocurrency market is experiencing a correction, with traders monitoring the Pepe coin price and seeking alternative investment opportunities.