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Circle Unveils Arc Blockchain With USDC as Native Gas

Stablecoin issuer Circle Internet Group, Inc. announced plans to roll out its own layer one (L1) blockchain, designed to use USDC as the fuel for transaction fees. Circle Debuts Plans for Arc, an EVM-Compatible L1 Using...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Circle Unveils Arc Blockchain With USDC as Native Gas
Stablecoin issuer Circle Internet Group, Inc. announced plans to roll out its own layer one (L1) blockchain, designed to use USDC as the fuel for transaction fees. Circle Debuts Plans for Arc, an EVM-Compatible L1 Using USDC Currently, Circle’s USDC stablecoin ranks as the second-largest fiat-backed crypto asset by market capitalization at $65.23 billion. On […]

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This blockchain story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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