Circle Unveils Arc Blockchain With USDC as Native Gas

Stablecoin issuer Circle Internet Group, Inc. announced plans to roll out its own layer one (L1) blockchain, designed to use USDC as the fuel for transaction fees. Circle Debuts Plans for Arc, an EVM-Compatible L1 Using USDC Currently, Circle’s USDC stablecoin ranks as the second-largest fiat-backed crypto asset by market capitalization at $65.23 billion. On […]