Circle Unveils On-Chain Refund Protocol for Arc Blockchain
The post Circle Unveils On-Chain Refund Protocol for Arc Blockchain appeared on BitcoinEthereumNews.com. Circle introduces Arc blockchain refund protocol, enhancing compliance, fraud prevention, and escrow dispute resolution, boosting institutional trust in stablecoin transactions. Circle has unveiled a refund protocol on its Arc blockchain. The system aims to address fraud, compliance issues, and irreversibility challenges in stablecoin transactions. Disputed payments will be placed into escrow until an arbiter has authorized a refund. This mechanism combines blockchain finality with flexible resolution, giving institutions more confidence. Arc Blockchain Enhances Compliance with On-Chain Dispute Resolution For another, Arc, which was launched back in August 2025, was designed for enterprise-grade transactions. It is concerned with payments, foreign exchange and capital markets. The compliance nature of the blockchain takes precedence and facilitates instant USDC settlement for banks and treasury desks. Related Reading: Circle and Crossmint Team Up to Expand USDC Stablecoin Across Blockchains | Live Bitcoin News By adding a refund protocol, Circle is adding to Arc’s institutional appeal. The feature is modeled after merchant refunds in the traditional finance space but takes place completely on-chain, enabling greater speed and transparency and mitigating the risk of fraud. The process is rather simple. Payments under dispute go to escrow, and they will stay there until they are resolved. An arbiter is appointed by both parties to decide the issue. This structure doesn’t reverse transactions but does have fairness. Circle explained that the design compromises between the finality of the blockchains and the necessity to resolve disputes in the physical world. Analysts propose that such innovation bridges the gap between decentralized finance and the existing systems of finance. A Circle spokesperson said it’s a protocol that was built with transparency in mind. “The Refund Protocol aims to strike the balance between the finality of transactions on the blockchain and flexibility for settling disputes,” they said. This attests to a broader trend,…
The post Circle Unveils On-Chain Refund Protocol for Arc Blockchain appeared on BitcoinEthereumNews.com.
Circle introduces Arc blockchain refund protocol, enhancing compliance, fraud prevention, and escrow dispute resolution, boosting institutional trust in stablecoin transactions. Circle has unveiled a refund protocol on its Arc blockchain. The system aims to address fraud, compliance issues, and irreversibility challenges in stablecoin transactions. Disputed payments will be placed into escrow until an arbiter has authorized a refund. This mechanism combines blockchain finality with flexible resolution, giving institutions more confidence. Arc Blockchain Enhances Compliance with On-Chain Dispute Resolution For another, Arc, which was launched back in August 2025, was designed for enterprise-grade transactions. It is concerned with payments, foreign exchange and capital markets. The compliance nature of the blockchain takes precedence and facilitates instant USDC settlement for banks and treasury desks. Related Reading: Circle and Crossmint Team Up to Expand USDC Stablecoin Across Blockchains | Live Bitcoin News By adding a refund protocol, Circle is adding to Arc’s institutional appeal. The feature is modeled after merchant refunds in the traditional finance space but takes place completely on-chain, enabling greater speed and transparency and mitigating the risk of fraud. The process is rather simple. Payments under dispute go to escrow, and they will stay there until they are resolved. An arbiter is appointed by both parties to decide the issue. This structure doesn’t reverse transactions but does have fairness. Circle explained that the design compromises between the finality of the blockchains and the necessity to resolve disputes in the physical world. Analysts propose that such innovation bridges the gap between decentralized finance and the existing systems of finance. A Circle spokesperson said it’s a protocol that was built with transparency in mind. “The Refund Protocol aims to strike the balance between the finality of transactions on the blockchain and flexibility for settling disputes,” they said. This attests to a broader trend,…
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