X @Circle

Overview of Arc Blockchain - Arc is a new open L1 blockchain designed for stablecoin finance, aiming to supercharge stablecoin utility [5] - The public testnet for Arc is scheduled to launch in the fall [8] Key Features and Benefits - Arc is built for USDC and other USD and non-USD stablecoins [7] - Arc is EVM-compatible, offering fast sub-second finality and low predictable fees [7] - Arc is designed for opt-in privacy and includes an FX-engine for built-in liquidity [7] - Arc aims to facilitate fast, global payments, onchain FX and 24/7 settlement, and institutional trading settlement without intermediaries [5] Vision and Motivation - The development of Arc is driven by the belief in crypto as an alternative to insufficient financial infrastructure, particularly for preserving value and enabling financial freedom [2][3] - Circle envisions Arc as a stablecoin home, connecting crypto's ideals with the financial system [6] - The goal is to create a StableFi ecosystem optimized for trust, usability, and scale, making money accessible to anyone, anywhere [5]