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Circle’s USDC to Power New Layer-1 Blockchain Arc, Aiming for Enhanced Stablecoin Finance Solutions
Circle has introduced Arc, a new layer-1 blockchain designed for stablecoin finance, enabling USDC to serve as its native gas token.
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Arc aims to provide an enterprise-grade foundation for stablecoin payments and capital markets.
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USDC issuer Circle reported a 53% increase in revenue, reaching $658 million in Q2 2025.
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Ethereum remains the largest network for USDC, with a total supply of $42.6 billion.
Circle’s Arc blockchain aims to revolutionize stablecoin finance, enhancing transaction efficiency and interoperability.