#Gate广场五月交易分享 Circle raises $222 million for institutional-grade L1 blockchain Arc, marking a major strategic shift


This move will vertically integrate the stablecoin issuer Circle into a full-stack infrastructure provider. Circle has raised $222 million for its new institutional-grade Layer 1 blockchain Arc.
The funding round was led by a16z crypto, with BlackRock participating, valuing the Arc network at $3 billion, signaling a strategic shift for Circle to reduce reliance on custodial blockchains like Ethereum and Solana. By building its own network and using USDC as the native gas token, Circle aims to capture more value from its ecosystem and withstand future competition from bank-issued stablecoins.
Meanwhile, the launch of the AI “Agent Stack” further demonstrates Circle’s ambition—to turn USDC into a foundational currency for automated, machine-to-machine economies. This development signals a new phase: major stablecoin issuers currently relying on L1 platforms may directly become competitors of those platforms.
ETH-2.1%
SOL-0.25%
ARC-5.75%
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MasterChuTheOldDemonMasterChu
· 7h ago
"3 billion USD to develop L1, is this going to 'solder' USDC into the AI wallet? 😂 Let's give each other likes and go!"
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