Circle introduces the Layer-1 Arc blockchain and announces positive business results

The issuer of the USDC stablecoin, #Circle , has just announced its Q2/2025 business results with strong growth, while also introducing a groundbreaking initiative: the Layer-1 Arc blockchain dedicated to stablecoins.

Revenue growth and challenges

The circulation of $USDC by Circle has increased by 90% compared to the same period last year, reaching $61.3 billion. Revenue from reserves and other sources also rose by 53% to $658 million. Although reporting a net loss of $482 million, the primary reason was due to non-cash expenses related to the recent IPO.

Circle is ramping up collaboration with major partners such as #binanc and OKX to expand its payment network, while benefiting from the new GENIUS Act, reinforcing its position as the leading regulated stablecoin issuer.

Launch of the Arc blockchain

The highlight of the report is the launch of #ARC , an open-source EVM-compatible Layer-1 blockchain. Arc is specifically designed for stablecoin payments, with standout features such as transactions under one second, privacy options, and the use of USDC as gas token. Arc will be fully integrated into Circle's platform and is expected to launch its testnet between September and November.

This move shows that Circle is striving to control its payment infrastructure, similar to competitors Tether, Ripple, and Stripe. Circle's CRCL stock has risen over 93% since the IPO, reflecting market confidence in this development strategy.