Arc Blockchain Launch Plans Drop as Circle Posts Strong Q2 Gains

TLDR: Arc will run as an EVM-compatible Layer-1 with USDC as its native gas token. USDC circulation jumped 90% year-over-year to $61.3B, hitting $65.2B by August 10, 2025. Circle Q2 revenue rose 53% to $658M, with adjusted EBITDA up 52% to $126M. Arc features include sub-second settlement, stablecoin FX, and opt-in privacy controls. Circle is [...]

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