Circle to Launch Native Token on Arc Network, Fueling USDC Ecosystem Growth
Circle is preparing to launch a native token for its Arc Network, designed to boost scalability and user engagement. This strategic initiative comes after a strong Q3 performance, with revenue jumping 66% and USDC circulation hitting $73.7 billion.
The Arc Network, launched in August 2025, initially focused on stablecoin payments using USDC as its gas token. The shift to a native token aims to better align stakeholder incentives and drive long-term ecosystem expansion. Over 100 companies, including major financial and insurance firms, have already participated in the testnet phase, which went live on October 28.