Circle, the issuer of USDC, has announced the launch of its Arc blockchain, a new Layer-1 network designed for stablecoin payments. The platform will have USDC as its native gas token and aims to provide fast, secure, and enterprise-grade payment infrastructure.
Arc Blockchain Launch and Core Features
Circle confirmed that Arc will be an open, EVM-compatible Layer-1 blockchain. It will feature an integrated stablecoin FX engine, sub-second settlement, and optional privacy settings for enterprises. The company stated that Arc will support foreign exchange, capital markets applications, and payment use cases.
USDC will serve as the network’s native gas token, enabling direct stablecoin payments without the need for conversion to fiat. Circle has designed Arc to be interoperable with other supported partner blockchains. The public testnet for Arc is scheduled to go live in the fall.
The company said that Arc will be fully integrated across its services, including its payment infrastructure, to enhance cross-chain transactions. According to Circle, this network will offer faster settlement and reduce the costs associated with traditional payment systems.
Integration with Circle’s Existing Platforms
Arc will be linked with the Circle Payments Network (CPN), which launched in May. CPN currently operates four active payment corridors and has over 100 financial institutions in its onboarding pipeline. Circle said this integration will expand the reach and usability of USDC in global payments.
In July, Circle introduced the Circle Gateway, a service enabling unified USDC balances for instant cross-chain liquidity. This gateway is expected to play a role in the Arc network’s interoperability features.
Financial and Regulatory Developments
The Arc blockchain announcement followed Circle’s Q2 earnings report. In June, the company completed its IPO, raising $1.2 billion. Circle stated that the launch is part of its broader growth strategy.
The firm also referenced the recent passage of the GENIUS Act, which it said formalizes its commitment to regulatory compliance in the digital asset industry.
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