Circle Unveils USDC-Powered Arc Blockchain for Enterprise Payments
Circle, the U.S.-listed issuer of USDC, announced plans to launch Arc, an enterprise-focused Layer-1 blockchain, in its Q2 2025 earnings report. The EVM-compatible chain will use USDC as its native gas token and target institutional payment flows.
Scheduled for public testnet in September 2025, Arc promises sub-second settlement and built-in FX capabilities. This strategic MOVE positions Circle to capture more stablecoin transaction volume while maintaining interoperability with existing supported chains.
Notably, a mainnet launch timeline was not provided. The development comes as Circle reports strong Q2 earnings, though specific financial details were redacted in the preliminary announcement.