Circle Unveils Arc: A USDC-Powered Layer 1 Blockchain for Stablecoin Dominance
Circle, the fintech powerhouse behind USDC, has launched Arc—a cutting-edge LAYER 1 blockchain optimized for stablecoin transactions. This EVM-compatible network will leverage USDC as its native gas token, with a public testnet rollout scheduled for fall 2025. Arc promises lightning-fast sub-second settlement for payments, forex, and capital markets, complemented by optional privacy features.
The blockchain seamlessly integrates with Circle's existing ecosystem while ensuring cross-chain interoperability. Jeremy Allaire, Circle's co-founder, emphasized the company's post-IPO growth trajectory and expanding adoption across diverse financial applications. This strategic MOVE underscores Circle's vision to redefine stablecoin infrastructure in global finance.
