\nArc represents a major step forward in building open, programmable financial infrastructure for the global economy. Featuring predictable dollar-based fees, sub-second transaction finality, opt-in configurable privacy, and direct integration with Circle\u2019s full-stack platform, Arc enables a wide range of use cases across lending, capital markets, foreign exchange (FX), and global payments.<\/p>\n
\u201cWith Arc\u2019s public testnet, we\u2019re 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. This geographic diversity highlights a defining strength of Arc: its purpose-built to connect every local market to the global economy,\u201d <\/i>said Jeremy Allaire, Co-Founder, Chairman and CEO of Circle. <\/b>\u201cArc presents the opportunity for every type of company to build on enterprise-grade network infrastructure<\/i>\u2014advancing a shared vision that a more open, inclusive, and efficient global economic system can be built natively on the internet.\u201d<\/i><\/p>\n
\nThe Arc Ecosystem Is Growing<\/p>\n
\nCapital Markets<\/p>\n
\nAt the very foundation of our economic system are markets for capital\u2014including equity, fixed income and derivatives, and the crucial clearing and custody infrastructure that power them. Upgrading the financial system onto a new economic operating system paves the way for significant improvements in efficiency, innovation, and reach.<\/p>\n
\nLeading capital markets firms engaging with Arc include: Apollo (APO:NYSE), BNY (BK:NYSE), Intercontinental Exchange Inc (ICE:NYSE), State Street (STT:NYSE).<\/b><\/p>\n
\nBanks, Asset Managers, and Insurers<\/p>\n
\nRetail and institutional banks, as well as asset managers and insurers, are crucial purveyors of capital, credit, investing, payments, and treasury infrastructure worldwide. Opportunities in payments, lending, asset issuance, and capital markets are rapidly expanding onchain.<\/p>\n
\nLeading banks and asset managers engaging with Arc include: Absa (ABG:JSE), Bank Frick, BlackRock Inc. (BLK:NYSE), BTG Pactual (BPAC11:B3), Clearbank, Commerzbank (CBK:FWB), Deutsche Bank (DB:NYSE), Emirates NBD (EMIRATESNBD:DFM), First Abu Dhabi Bank (FAB:ADX), FirstRand Bank (FSR:JSE), Fiserv (FI:NYSE), Goldman Sachs (GS:NYSE), HSBC (HSBA:LSE), Invesco (IVZ:NYSE), Kyobo Life, SBI Holdings (8473:TSE), Soci\u00e9t\u00e9 G\u00e9n\u00e9rale (GLE:EPA), Standard Chartered (STAN:LSE), WisdomTree (WT:NYSE).<\/b><\/p>\n
\nGlobal Payments, Technology, and Fintech Ecosystem<\/p>\n
\nOne of the killer applications on Arc is payments, which builds on the value of a general-purpose Economic OS and enables frictionless payment utility for people, businesses, and institutions around the world. That same architecture extends to agentic AI systems, enabling a future where autonomous agents are programmatically sending, exchanging, and settling value globally in real time. A broad array of technology and payment-focused firms spanning global technology leaders, fintechs, cross-border payments providers, retail payment networks, B2B payments, remittances, and e-commerce platforms are engaging with Arc, including: Amazon Web Services (AWS) (AMZN:NASDAQ), Brex, Careem, Catena Labs, Cloudflare (NET:NYSE), Corpay (CPAY:NYSE), dLocal (DLO: NASDAQ), Dmall, Ebanx, FIS (FIS:NYSE), Hecto Financial, LianLian, Mastercard (MA:NYSE), Mercoin, Noah, Nuvei (NVEI:NYSE), Pairpoint by Vodafone (VOD:LSE), Paysafe (PSFE:NYSE), PhotonPay, Ramp, Sasai Fintech \u2013 a business of Cassava Technologies, Sumitomo Corporation (8053:TSE), Visa (V:NYSE), Yellow Card.<\/b><\/p>\n
\nStablecoins and Asset Issuers<\/p>\n
\nArc provides core infrastructure for issuers of fiat stablecoins, tokenized equities, credit funds, and money market funds. Central to this is Arc\u2019s roadmap for stablecoins as tokens for gas fees, as well as native infrastructure that will be deployed on Arc for core stablecoin swaps and FX liquidity.<\/p>\n
\nDigital asset issuers from key geographies\u2014including Australia, Brazil, Canada, Japan, Mexico, the Philippines, and South Korea\u2014joining Arc for testnet include:<\/p>\n
- \n
- \nAUDF issued by Forte Securities<\/p>\n<\/li>\n
- \nBRLA issued by Avenia<\/p>\n<\/li>\n
- \nJPYC issued by JPYC Inc.<\/p>\n<\/li>\n
- \nKRW1 issued by BDACS<\/p>\n<\/li>\n
- \nMXNB issued by Juno (a Bitso company)<\/p>\n<\/li>\n
- \nPHPC issued by Coins.PH<\/a><\/li>\n
- \nQCAD issued by Stablecorp<\/p>\n<\/li>\n<\/ul>\n
\nCircle is engaging a broad set of stablecoin issuers and stakeholders\u2014including dollar, euro, and other global digital asset issuers\u2014to bring their assets onto Arc.<\/p>\n
\nEnabling Developers<\/p>\n
\nLeading ecosystem players providing developer tooling and blockchain infrastructure that are joining Arc for testnet include:<\/p>\n
- \n
- Digital Wallets:<\/i>Bron, Exodus, Fireblocks, Hecto Innovation, Ledger, MetaMask, Privy, Rainbow, Turnkey, Vultisig<\/b> connect Arc into desktop and mobile app experiences.\n<\/li>\n
- Developer Tools:<\/i>Alchemy, Chainlink, Crossmint, Dynamic, Fun.xyz, LayerZero, Pimlico, Thirdweb, ZeroDev<\/b> support builders with frameworks and kits.\n<\/li>\n
- AI: <\/i>Building on Anthropic’s<\/b> Claude Agent SDK to enrich the developer experience on Arc with AI-powered developer tools.\n<\/li>\n
- Crosschain<\/i>:<\/b>Across, Stargate, Wormhole<\/b> connect Arc to other blockchain networks.\n<\/li>\n
- Infrastructure:<\/i>Blockdaemon, Blockscout, Bridge, Elliptic, Quicknode, Ramp Network, Tenderly, Transak, TRM<\/b> help keep Arc accessible, performant, compliant, and reliable.\n<\/li>\n<\/ul>\n
\nDigital Asset Markets and Liquidity<\/p>\n
\nFoundational to Arc are major protocols, venues, and services that are central to existing digital asset markets including exchanges, market makers, OTC desks, borrow\/lend, and yield protocols. Participants engaging with Arc include:<\/p>\n
- \n
- DEXs<\/i>:<\/b>Curve, Dromos Labs (Aerodrome, Velodrome), Eular Finance, Fluid, Uniswap Labs<\/b> provide decentralized trading and liquidity pools.\n<\/li>\n
- CEXs<\/i>:<\/b>Bitvavo, ByBit, Coinbase (COIN:NASDAQ), Coincheck (CNCK:NASDAQ), Hashkey, Kraken, Robinhood (HOOD:NASDAQ)<\/b> expand access points into the Arc ecosystem.\n<\/li>\n
- Market Makers and OTCs<\/i>: Auros, B2C2, Cumberland, Galaxy Digital (GLXY:NASDAQ), GSR, IMC, Forte Securities, Keyrock, NONCO, Wintermute, Zodia Markets<\/b> provide efficient access to liquidity globally.\n<\/li>\n
- Borrow\/Lend:<\/i> Aave, Maple, Morpho<\/b> enable credit and capital efficiency with stablecoins and tokenized assets.\n<\/li>\n
- Yield:<\/i>Centrifuge, Superform, Securitize<\/b> power stablecoin-native yield opportunities.\n<\/li>\n
- Tokenized Fund Issuers: <\/i>WTGXX and CRDT by WisdomTree (WT:NYSE)<\/b> provide access to yield-bearing tokenized investment funds.\n<\/li>\n
- Custodians:<\/i>BitGo, Copper, Taurus, Zodia Custody<\/b> provide digital asset storage for institutions.\n<\/li>\n<\/ul>\n
\nThe Path to Distributed Governance<\/p>\n
\nThe launch of Arc\u2019s public testnet marks the beginning of a network designed to evolve into a distributed, community-driven system. While Circle is stewarding the initial development and operation of Arc, the long-term vision is for the network to be operated and governed by a broad, globally distributed set of participants \u2014 including financial institutions, technology platforms, infrastructure providers, and protocol developers building on Arc who contribute to its growth and integrity.<\/p>\n
\nThis progression will include expanding validator participation, establishing transparent and verifiable governance frameworks, and enabling community involvement in network evolution. The goal for Arc is to become the shared, neutral layer of economic infrastructure for the internet \u2014 open, cryptographically accountable, and collectively operated.<\/p>\n
About Circle Internet Group, Inc.<\/b><\/p>\n
\nCircle (NYSE: CRCL) is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. Circle is building the world\u2019s largest, most-widely used, stablecoin network, and issues, through its regulated affiliates, USDC and EURC stablecoins. Circle provides a comprehensive suite of financial and technology services that empower enterprises and developers to integrate stablecoins and blockchains into their products, services and business operations. For more information please visit https:\/\/circle.com<\/a>.<\/p>\n
Disclaimers:<\/i><\/b><\/p>\n
\nArc testnet is offered by Circle Technology Services, LLC (\u201cCTS\u201d). CTS is a software provider and does not provide regulated financial or advisory services. You are solely responsible for services you provide to users, including obtaining any necessary licenses or approvals and otherwise complying with applicable laws.<\/p>\n
\nArc has not been reviewed or approved by the New York State Department of Financial Services.<\/p>\n
\nThe product features described in these materials are for informational purposes only. All product features may be modified, delayed, or cancelled without prior notice, at any time and at the sole discretion of Circle Technology Services, LLC. Nothing herein constitutes a commitment, warranty, guarantee or investment advice.<\/p>\n
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View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20251028840326\/en\/<\/a><\/span><\/p>\n
- CEXs<\/i>:<\/b>Bitvavo, ByBit, Coinbase (COIN:NASDAQ), Coincheck (CNCK:NASDAQ), Hashkey, Kraken, Robinhood (HOOD:NASDAQ)<\/b> expand access points into the Arc ecosystem.\n<\/li>\n
- Developer Tools:<\/i>Alchemy, Chainlink, Crossmint, Dynamic, Fun.xyz, LayerZero, Pimlico, Thirdweb, ZeroDev<\/b> support builders with frameworks and kits.\n<\/li>\n
- \nQCAD issued by Stablecorp<\/p>\n<\/li>\n<\/ul>\n
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