Circle Unveils Arc Blockchain: A USDC-Powered Layer-1 for Stablecoin Dominance

Circle Internet Group has launched Arc, a new Layer-1 blockchain specifically optimized for stablecoin transactions, reinforcing its strategy to create a comprehensive internet financial ecosystem. The announcement accompanied Circle's Q2 2025 earnings report, showcasing a 90% YoY increase in USDC circulation ($61.3B) and 53% revenue growth ($658M).

Despite a $482M net loss (attributed to non-cash IPO charges), Circle secured $1.2B in its June public offering, highlighting institutional confidence in stablecoins. CEO Jeremy Allaire positioned the IPO as a pivotal moment for digital dollar adoption.

Arc blockchain will use USDC as its native gas token, establishing enterprise-grade infrastructure for programmable money. This development underscores Circle's bid to lead the convergence of traditional finance and decentralized networks.