Company Circle, issuer USDC, announced the launch of its own first level blockchain Arc. This was reported in the financial report for the second quarter of 2025.

ARC is focused on financial applications using Stablecoins: Payments, currency exchange and capital markets. The network is compatible with EVM, a USDC will become a native token for paying for gas.

ARC Key Features:

Built-in exchange mechanism of stablecoins;
transaction finalization in less than a second;
Optional privacy settings.

According to CEO Circle Jeremy Allair, the launch of ARC is “a defining moment for creating a full-fledged platform for the Internet Finance System”. ARC will be part of the Circle ecosystem while maintaining support for dozens of other affiliate blockchains. A public testnet network is scheduled for autumn 2025.

Circle financial indicators

In the second quarter, the company’s net loss was $482 milliondue to one-time non-monetary costs for an IPO in the amount of $591 million (of which $424 million is compensation for employees, $167 million is the revaluation of convertible debt).

At the same time, key operating indicators showed growth: revenue increased by 53%, before $658 million, corrected EBITDA 52%, before $126 million.

USDC capitalization increased by 90% per year, before $61.3 billion, and on August 10 reached $65.2 billion.

Circle also launched Circle Payments Network (CPN) and announced new partnerships with Binance, FIS, Fiserv and OKX.

The report mentions the signing of the law Genius Actwhich establishes federal rules for payment stablecoins. Circle believes that this will strengthen their position as a regulated issuer.

Recall that in June 2025, Circle added USDC support on networks World Chain and XRP Ledger, a platform Shopify Implemented the possibility of payment in USDC.