ArCoin (RCOIN) is a digital asset issued by the Arca U.S. Treasury Fund, which is managed by Arca Labs. Each ArCoin represents a fractional share in a fund that primarily holds U.S. Treasury securities, aiming to offer a stable, blockchain-based alternative to traditional financial assets. Created by Arca Labs co-founders Rayne Steinberg and Philip L. Schwartz, ArCoin combines regulated finance with blockchain’s peer-to-peer transferability, enabling use cases in treasury management, real-time settlements, and efficient payments. ArCoin is regulated under the Investment Company Act of 1940 and provides direct access to U.S. Treasury-backed assets with reduced need for financial intermediaries.