Circle Introduces 'Economic Operating System' Through Arc's Native Token Debut
- Circle plans to launch a native token for its Arc blockchain to decentralize governance and boost adoption, replacing stablecoin-based gas fees. - Q3 2025 financials show 66% revenue growth ($740M) and 202% net income increase ($214M), contrasting with Q2's $482M loss from IPO costs. - Arc's public testnet (October 2025) attracted 100+ institutions including Goldman Sachs , aiming to become open infrastructure for tokenized finance. - The token aligns with industry trends toward scalable, cost-efficient
Circle, the company behind the world’s second-largest stablecoin
Arc, a layer-1 blockchain tailored for stablecoin operations, launched its public testnet in October, drawing participation from more than 100 organizations such as Goldman Sachs, BlackRock, and Visa, according to a
The introduction of a native token fits with the industry’s shift toward blockchains designed for specific applications, which focus on scalability and lower costs rather than broad functionality, as discussed in a
Market response was divided. Despite robust financials, Circle’s shares (CRCL) dropped over 4% in premarket trading, reflecting the broader volatility in the crypto sector, as reported in a
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