Circle’s Arc Blockchain Goes Live With USDC as Native Gas
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Circle has officially launched Arc, its Layer-1 blockchain designed for stablecoin-based finance, with USDC serving as the network's native gas asset and transaction finality reaching sub-second speeds. The network went live on September 16 with more than 100 institutional and ecosystem builders, according to Circle. highlighted the launch in an X post, Coin Bureau noting that Arc's founding validator cohort includes major financial institutions such as BlackRock, the Depository Trust & Clearing Corporation (DTCC), Visa and Mastercard. Circle has positioned Arc as an "Economic OS" for stablecoin finance, tokenized assets and real-time value transfer. The network was designed specifically around financial applications, with USDC used for gas fees instead of requiring users to maintain a separate volatile native asset for transaction costs. Circle has also described Arc as an EVM-compatible blockchain, allowing developers to use established Ethereum development frameworks and tooling. Its architecture includes deterministic sub-second settlement finality and an opt-in privacy system intended for financial applications. The mainnet launch follows a period in which Arc operated with more than 100 institutional and ecosystem builders. Circle announced the network's public mainnet launch date as September 16 earlier this year. Circle previously announced a founding validator...
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