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Circle Launches Public Testnet For Arc With Participation from Over 100 Institutions

Circle Launches Public Testnet For Arc With Participation from Over 100 Institutions

Author:

Global Cryptocurrency

Published:

2025-10-28 15:30:02

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BTCCSquare news:

Circle has unveiled the public testnet for Arc, a Layer-1 blockchain designed to foster onchain economic activity. The network, touted as the new Economic Operating System for the internet, has already drawn involvement from more than 100 financial and technology firms.

Arc aims to serve as enterprise-grade infrastructure, enabling a more open and efficient financial system. CEO Jeremy Allaire noted significant early traction, with participants representing trillions in global assets and billions of users. The testnet allows developers and companies to deploy and build on the platform, marking a pivotal step in connecting local markets to the global economy.

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