Industry Trend - The industry is undergoing a shift, moving towards the "Intelligence Epic," driven by agents enabled by crypto rails [1] - The evolution of the internet is categorized into four major phases: Connectivity, Platform, Decentralization, and Intelligence [1] Product Launch - Circle has launched the Arc Testnet [1] - Arc is described as the Economic OS for the internet, aiming to unite programmable money and onchain innovation with real-world economic activity [2] Target Audience - Arc is open to developers and enterprises globally [2]