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Crypto DeFi

Circle Launches Arc Mainnet, USDC as Native Gas Token

Circle’s Arc mainnet is now live, using USDC to pay transaction fees. The network supports more than 20 fiat stablecoins and connects to over 20 blockchains. The launch makes the stablecoin issuer’s own chain operational, with USDC serving as its native gas token rather than a separate token.

Original source

AI take

Circle moving from stablecoin issuer to chain operator changes the competitive map: its own network now competes for stablecoin liquidity and developer activity against the general-purpose chains it still connects to. Using USDC as gas rather than a new token removes a speculative layer, which matters for institutions that want fee predictability without holding a volatile asset. The open question is whether multichain connectivity and multi-stablecoin support translate into genuine usage, or simply give Circle a captive distribution channel for its own product.

Generated by AI for reference only.

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