Circle ($CRCL) CEO: 'We Do See Significant Revenue Potential From Arc Over Time'
Circle CEO Jeremy Allaire announced during a recent interview that Arc, which focuses on core financial workflows on blockchain technology, is projected to offer significant revenue potential over time. The public testnet for Arc launched on October 28, with plans for a mainnet release in 2026. The platform emphasizes predictable costs, fast transaction finality, and privacy controls for enterprise use. Allaire pointed out the rising use of the USDC stablecoin in emerging markets, particularly in the Middle East, where businesses prefer digital dollar transactions for efficiency. With a focus on regulatory developments and partnerships, Circle aims to integrate on-chain dollar rails, offering a collaborative model involving over 100 companies across various sectors. This strategy positions Arc as a high-throughput environment for stablecoin-native finance, enhancing transaction predictability and compliance while addressing the modern needs of financial operations.
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