Arc: Circle’s Open Blockchain Platform for Stablecoin Innovation

Circle has launched Arc, a dedicated Layer-1 blockchain platform designed specifically for stablecoin finance. Unlike other blockchains that simply add support for stablecoins, Arc is built from the ground up with stability and performance in mind. It aims to be an independent yet open ecosystem offering global payments and tokenized assets. This innovative platform uses USDC as native gas, leverages a high-performance consensus engine, and supports privacy options for increased security and compliance.