The HeadlinesCircle launches Arc, an EVM-compatible, permissioned L1 with 20 regulated validators.Stripe is building Tempo, an L1 that will reportedly use Paradigm’s Rust-based RETH client. Both moves have reignited the debate: “Is this good or bad for crypto—and for my bags?”Permissioned L1s: Boring but Strategic Right now, Arc and Tempo look like private settlement databases that simply borrow blockchain data structures. No tokens, no open validator sets—just faster rails for USDC or Stripe...

The HeadlinesCircle launches Arc, an EVM-compatible, permissioned L1 with 20 regulated validators.Stripe is building Tempo, an L1 that will reportedly use Paradigm’s Rust-based RETH client. Both moves have reignited the debate: “Is this good or bad for crypto—and for my bags?”Permissioned L1s: Boring but Strategic Right now, Arc and Tempo look like private settlement databases that simply borrow blockchain data structures. No tokens, no open validator sets—just faster rails for USDC or Stripe...