Circle Announces Stablecoin Payment Blockchain Arc

Circle Internet Group (NYSE:CRCL) has announced plans to launch Arc, a new enterprise-focused Layer 1 blockchain purpose-built for stablecoin payments, foreign exchange, and capital markets applications.

The announcement was made alongside the company’s second-quarter 2025 earnings release.

Arc will be EVM-compatible, with USDC as its native gas token and a built-in stablecoin FX engine.

It will offer sub-second settlement finality, optional privacy features, and full integration with Circle’s existing platform.

A public testnet is expected to go live in fall 2025.

The launch comes as Circle reported USDC circulation of $61.3 billion at the end of Q2, a 90% year-over-year increase, with current circulation at $65.2 billion …

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