Stablecoin issuer Circle considering a native token for its Arc blockchain testnet

Group 1 - Circle has announced plans for a native token on its Arc testnet, indicating a strategic expansion beyond its primary USDC stablecoin [1] - This development marks a significant phase in Circle's ambitions within the cryptocurrency sector [1] - The timing of this announcement is noteworthy, occurring amid broader market trends and developments in the stablecoin space [1]