ChainThink report, August 18, Informal Systems announced today that its high-performance consensus engine Malachite has been acquired by global financial technology company Circle Internet Group (CRCL), which will be used to support the launch of Arc, a Layer-1 blockchain network designed for stablecoin finance. The integration of Malachite by Circle 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 be released under the Apache 2.0 open-source license, ensuring ongoing industry innovation.