Circle’s USDC to Power New Layer-1 Blockchain Arc, Aiming for Enhanced Stablecoin Finance Solutions
Main Idea
Circle has launched Arc, a new layer-1 blockchain designed for stablecoin finance, with USDC as its native gas token, aiming to enhance efficiency and interoperability in digital transactions.
Key Points
1. Circle's Arc blockchain is a new layer-1 platform focused on stablecoin finance, using USDC as its native gas token.
2. Circle reported a 53% year-over-year revenue increase, reaching $658 million in Q2 2025.
3. Ethereum remains the largest network for USDC, with a total supply of $42.6 billion.
4. Arc aims to improve stablecoin transactions with features like a foreign exchange engine and sub-second settlement finality.
5. USDC's role as the native gas token on Arc is expected to enhance user experience by simplifying transaction fee payments.
Description
Circle has introduced Arc, a new layer-1 blockchain designed for stablecoin finance, enabling USDC to serve as its native gas token. Arc aims to provide an enterprise-grade foundation for stablecoin
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