Crypto
Circle Launches Arc: Its Own Layer 1 Blockchain for Stablecoins and Autonomous Agents
Circle has launched Arc, its own Layer 1 blockchain.
This move marks a shift in Circle's strategy from simply distributing USDC to existing chains like Ethereum and Solana, to building its own block space.
Arc is an EVM-compatible L1 that supports post-quantum wallet signatures and features a more predictable infrastructure underneath, making it appealing to institutions.
Circle aims to create new markets through Arc, including stablecoin foreign exchange, institutional private finance, and autonomous agent economies.