Circle Launches Arc Mainnet with USDC as Native Gas Token
Circle has launched its Arc mainnet, a layer-1 blockchain designed for stablecoin payments and financial markets. The network uses USDC as its native gas token and supports more than 20 fiat stablecoins. This includes popular stablecoins like USDC, EURC, JPYC, KRW1, and TRYB.
Arc also offers interoperability with over 20 blockchains through Circle's Cross-Chain Transfer Protocol (CCTP) and Gateway. The network provides deterministic sub-second settlement finality and is compatible with the Ethereum Virtual Machine (EVM).