Circle, a USDC stablecoin issuer, has launched the public testnet of its Arc blockchain network

Circle Internet Group, issuer of USDC stablecoin, has launched the public testnet for its new Arc blockchain ￰1￱ aims to bring real-world financial activity on-chain by combining the predictability of fiat-based systems with the programmability of blockchain ￰2￱ described the Arc blockchain as the ‘Economic OS of the Internet’. Over 100 firms, including BlackRock, Visa, HSBC, Goldman Sachs, Amazon Web Services, and Mastercard, have participated in its testnet phase ￰3￱ company’s massive customer base will allow Arc to connect every local market to the global ￰4￱ blockchain integrates DeFi and AI as Aave and Anthropic join the testnet According to Circle’s press release, Arc is designed as an L1 blockchain network for payments, tokenized assets, and programmable ￰5￱ network features dollar-based transaction fees, a short settlement period, and optional privacy features integrated with Circle’s products, such as USDC, EURC, CCTP, Wallet, and ￰6￱ company noted that the upcoming integrations will include USYC, Mint, and Contracts.

“With Arc’s public testnet, we’re seeing remarkable early momentum as leading companies, protocols, and projects begin to build and test. combined, these companies reach billions of users, move, exchange, and custody hundreds of trillions in assets and payments, and support local economies across Africa, the Americas, Asia, Europe, and the Middle East.” – Jeremy Allaire , Co-Founder, Chairman, and CEO of ￰7￱ Shiffield, Visa’s head of crypto, noted that Arc’s architecture, especially the stablecoin-based gas fees, may help scale on-chain payment infrastructure ￰8￱ integration of Circle’s stablecoins into the Arc network will allow institutions to transact and settle using the digital ￰9￱ would allow for faster, low-cost cross-border transfers while maintaining compliance-grade ￰10￱ testnet programme has also included participation from fintechs and digital asset platforms such as Coinbase, Kraken, Nuvei, Brex, and ￰11￱ far, Anthropic is already integrating AI-powered developer tools into Arc to potentially automate and optimize contract deployment, risk monitoring, and transaction ￰12￱ protocols such as Aave, Curve, and Maple also participate in the testnet, suggesting that Arc could eventually serve as a regulation-compliant home for institutional ￰13￱ further emphasized that regional stablecoin issuers, including Forte in Australia, Avenia in Brazil, Juno in Mexico, and ￰14￱ in the Philippines, are evaluating Arc’s FX swap and multi-stablecoin ￰15￱ plans to cede Arc’s operational control to a global network of stakeholders Circle has laid a clear roadmap towards decentralization, envisioning Arc evolving into a community-driven, validator-operated ￰16￱ envisions Arc to be governed through a transparent and verifiable ￰17￱ firm also plans to open validator participation and gradually cede operational control to a globally distributed network of stakeholders, including the same financial and tech partners currently testing the blockchain ￰18￱ Public Testnet is now ￰19￱ to developers and enterprises globally, Arc is the Economic OS for the internet that unites programmable money and onchain innovation with real-world economic ￰20￱ building: ￰0￱ Learn more:… ￰21￱ — Arc (@arc) October 28, 2025 The USDC stablecoin issuer revealed its long-term vision for its Arc platform: to become a shared, neutral layer of economic infrastructure for the internet, cryptographically accountable, and collectively ￰22￱ the GENIUS Act , signed into law in July, stablecoins have gained legal clarity in the U.

S., helping push institutional ￰23￱ Internet Group (CRCL) stock has jumped 3.47% over the past ￰24￱ trades at $138.43 and has a roughly $32 billion market cap. However, the stock was down 3.5% today at publication following the announcement of Arc’s testnet ￰25￱ on on-chain data, the current stablecoin market cap is above $308 billion, with Tether USDT leading at $183 billion and USDC at $75.7 ￰26￱ analysts have estimated that the stablecoin market may surpass $4 trillion by 2030, while BCG and Ripple estimated that the tokenized assets could approach $19 trillion by ￰27￱ up to Bybit and start trading with $30,050 in welcome gifts