Circle Debuts Layer-1 Blockchain Arc Using USDC for Native Gas
Main Idea
Circle Internet Group has launched Arc, a Layer-1 blockchain designed for stablecoin finance, using USDC as its native gas token, as part of its broader strategy to integrate stablecoins into global financial systems.
Key Points
1. Circle unveiled Arc, an open Layer-1 blockchain focused on stablecoin payments, foreign exchange, and capital markets applications, with USDC as its native gas token.
2. Circle's Q2 2025 results showed a 90% year-over-year surge in USDC circulation to $61.3 billion, with total revenue and reserve income growing 53% to $658 million.
3. Arc is EVM-compatible and features sub-second settlement, an integrated stablecoin FX engine, and opt-in privacy, aiming to support enterprise-grade blockchain applications.
4. Circle's partnerships include over 100 institutions in the onboarding pipeline, such as Binance, Corpay, FIS, Fiserv, and OKX, to embed USDC deeper into global payment flows.
5. CEO Jeremy Allaire described Arc as a key component of Circle's vision for a stablecoin-powered global economy, following the launch of the Circle Payments Network in May.
Description
Circle Internet Group, Inc. (NYSE: CRCL) has unveiled Arc, an open Layer-1 blockchain designed specifically for stablecoin finance, marking what the company calls a “defining moment” in its step toward developing a full-stack internet financial platform. gm @arc The open blockchain designed for stablecoin finance https://t.co/dSOzO3FkGY — Jeremy Allaire – jda.eth / jdallaire.sol (@jerallaire) August 12, 2025 The announcement came alongside Circle’s fiscal Q2 2025 results, which highlighted subst...
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