One of the prominent stablecoin issuers, Circle, has announced a substantial growth in their revenue, showing a 53% increase on an annual basis in the second quarter of 2025.
Further reinforcing its position in the crypto industry, Circle reported a remarkable 90% growth in its USDC stablecoin. In addition, the company introduced its Layer-1 blockchain, known as “Arc,” aimed at supporting large-scale cryptocurrency payments and capital market applications. The public test network for Arc is slated for release this fall. The announcement came in conjunction with Circle’s second-quarter report.
Circle’s Strategic Utilization of Blockchain Technology
According to Circle’s announcement, the Arc blockchain is designed to provide an enterprise-grade foundation for crypto payments, foreign exchange (FX) transactions, and capital market applications. This network will be EVM-compatible, with transaction fees payable in USDC. The objective is to create a standard Layer-1 blockchain that focuses on optimizing performance and manageability, particularly targeting payment and settlement processes.
Arc will include an integrated stablecoin FX engine with transactions achieving sub-second finality. Additionally, users will have the option to enable privacy controls as required. The network will be seamlessly integrated with Circle’s platform and services, while ensuring interoperability with multiple partner blockchains supported by the company. The test network is anticipated to be available for public use this fall.
Circle’s Significant Revenue Growth
In its second-quarter report for 2025, Circle reported a 53% overall revenue increase compared to the previous year. The USDC sector witnessed a significant 90% growth. These impressive figures were shared alongside the announcement of Arc.
As the company prepares for the launch of the Arc network, it reassures that its existing products and services will continue to be accessible. In line with this, emphasis was placed on maintaining a high level of integration and interoperability with the supported blockchains throughout the network. Although no specific date was given, the public test network for Arc is expected to go live this fall.