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USDC Issuer Circle to Launch Ethereum-Compatible Arc Blockchain

Key Takeaways

  • Circle will launch Arc, an Ethereum-compatible blockchain using USDC for transaction fees, by the end of 2025;
  • Arc will feature fast settlement, stablecoin conversion, and optional privacy, which integrates with Circle’s existing products;
  • USDC, valued at $65.6 billion and active on 24 networks, will be central to Arc’s payments, FX, and financial market services.​

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USDC Issuer Circle to Launch Ethereum-Compatible Arc Blockchain

Circle, the company behind the USDC USDC $0.9936 stablecoin, has announced plans to roll out its own blockchain called Arc before the end of 2025.

Arc will be a Layer-1 network that works with the Ethereum Virtual Machine (EVM), which means it can run many of the same tools and programs already used on Ethereum ETH $4,571.10 .

The network will first launch as a public test version, and users will be able to pay transaction fees directly in USDC.

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Arc is being built as a network for stablecoin-related activity. It will include tools for converting between stablecoins, completing transactions in under a second, and offering optional privacy settings.

Circle said Arc will connect smoothly with its current products and will continue to work alongside the many other blockchains it already supports.

USDC will be central to Arc. Aside from being the network’s fee token, USDC currently has a market value of $65.6 billion and runs on 24 different blockchains. Circle’s decision to make Arc compatible with Ethereum tools should make it easier for developers to use, since they can bring over existing applications without major changes.

The company stated that Arc will support a range of uses, including payments, currency exchange, and financial markets.

Recently, Circle submitted an application to the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, First National Digital Currency Bank, N.A. What did the company say? Read the full story.

Aaron S. Editor-In-Chief
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.
With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.
Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.
Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.

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