Circle’s Arc Testnet Launches with 100 Partners

Circle Launches Arc Blockchain Public Testnet for Institutions

• Circle initiated the public testnet for its Arc blockchain, targeting institutional users.
• Arc is a Layer-1 blockchain utilizing USDC as its native gas token.
• The testnet features instant settlement and privacy options integrated with Circle’s platform.
• Circle collaborates with Fireblocks to enhance stablecoin adoption among financial institutions using Arc.
• The testing phase involves over 100 global partners and institutions evaluating Arc’s capabilities.

Circle has launched the public testnet of its Arc blockchain, which uses USDC as the native gas token. The initiative targets institutional use cases, offering features like instant settlement and privacy options. Over 100 global partners are involved in this phase to assess Arc’s potential for stablecoin-native infrastructure.