{"id":26023,"date":"2025-08-12T14:52:16","date_gmt":"2025-08-12T11:52:16","guid":{"rendered":"https:\/\/forklog.com\/en\/circle-to-launch-stablecoin-focused-blockchain-arc\/"},"modified":"2025-08-12T14:52:16","modified_gmt":"2025-08-12T11:52:16","slug":"circle-to-launch-stablecoin-focused-blockchain-arc","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/circle-to-launch-stablecoin-focused-blockchain-arc\/","title":{"rendered":"Circle to Launch Stablecoin-Focused Blockchain Arc"},"content":{"rendered":"

Circle, the issuer of USDC, announced<\/a> the launch of its own layer-one network, Arc. This information was revealed in the financial report for the second quarter of 2025.<\/p>\n

The blockchain is focused on stablecoin-based finance: payments, currency exchange, and capital markets. The network is EVM-compatible, with USDC serving as the native token for gas payments.<\/p>\n

Arc’s other features include a built-in stablecoin exchange mechanism, transaction finalization in less than a second, and optional privacy settings.<\/p>\n

According to Circle CEO Jeremy Allaire, the launch of Arc is a defining moment in creating a “comprehensive platform for the internet financial system.” The company emphasized that Arc will become part of the Circle ecosystem, but support for dozens of other partner blockchains will continue.<\/p>\n

The public testnet launch of Arc is scheduled for this autumn.<\/p>\n

Financial Performance<\/h2>\n

In the second quarter, the company reported a net loss of $482 million. This figure was affected by one-time non-cash expenses, related to the IPO<\/a>, totaling $591 million. Of these, $424 million were stock-based compensations for employees, and $167 million were due to the revaluation of convertible debt following a rise in share prices.<\/p>\n

Meanwhile, Circle’s key operating metrics showed growth. Total revenue increased by 53% year-on-year, reaching $658 million. Adjusted EBITDA<\/span> rose by 52%, to $126 million.<\/p>\n

The capitalization of the USDC stablecoin grew by 90% over the year, amounting to $61.3 billion at the end of the quarter. As of August 10, the figure reached $65.2 billion.<\/p>\n

Circle also announced the launch of the Circle Payments Network (CPN) and new partnerships with Binance, FIS, Fiserv, and OKX.<\/p>\n

\n

“Circle’s successful IPO in June was a turning point not only for our company but also for the broader adoption of stablecoins. We are seeing growing interest in creating stablecoin-based solutions and partnering with Circle,” Allaire stated.<\/em><\/p>\n<\/blockquote>\n

The report also mentions the signing of the GENIUS Act<\/a> in the US, which establishes federal rules for payment stablecoins. Circle believes the law will strengthen its position as a regulated issuer.<\/p>\n

In June, Circle added support for USDC in the World Chain<\/a> and XRP Ledger<\/a> networks.<\/p>\n

In the same month, the e-commerce platform Shopify implemented<\/a> the option to pay in USDC.<\/p>\n","protected":false},"excerpt":{"rendered":"

Circle, the issuer of USDC, announced the launch of its own layer-one network, Arc. This information was revealed in the financial report for the second quarter of 2025. The blockchain is focused on stablecoin-based finance: payments, currency exchange, and capital markets. The network is EVM-compatible, with USDC serving as the native token for gas payments. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[25,1220,807],"class_list":["post-26023","post","type-post","status-publish","format-standard","hentry","category-news-and-analysis","tag-blockchain","tag-circle","tag-stablecoins"],"aioseo_notices":[],"amp_enabled":true,"views":"82","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26023","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=26023"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/26023\/revisions"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=26023"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=26023"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=26023"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}