Circle has unveiled Arc, a groundbreaking Layer 1 blockchain network designed to revolutionize digital transactions. The new network will utilize USDC as its native token, aiming to significantly reduce transaction costs and streamline operations across the financial landscape. Over 100 industry leaders participated in testing phases before launch, ensuring a smooth integration and user experience. Arc’s focus on stablecoins marks a significant shift in the cryptocurrency ecosystem, paving the way for greater institutional adoption. The network is poised to integrate with Circle’s broader ecosystem, impacting DeFi protocols like Uniswap and Curve. This development signifies a bold move by Circle, aligning with recent regulatory advancements under the US GENIUS Act, creating a platform for stablecoin-centric operations. Industry leaders are closely observing Arc’s potential impact on merchant funding and multi-currency transactions, potentially setting new benchmarks in blockchain technology through targeted institutional solutions.