Connect with us

Hi, what are you looking for?

Cricle arc blockchain fireblocks bank
Cricle arc blockchain fireblocks bank

Cryptocurrency

Circle’s New Blockchain “Arc” to Launch With Day-One Institutional Access

Circle is preparing to unleash its new blockchain, Arc, with full Fireblocks integration from day one. The move gives banks and asset managers instant access to a stablecoin-focused network — setting the stage for a fierce showdown with Tether.

Arc + Fireblocks: Instant Scale

Circle’s upcoming blockchain, Arc, will integrate directly with Fireblocks, the digital asset custody platform used by more than 2,400 financial institutions.

That means when Arc launches later this year, banks and funds will have immediate access.

Critics note that Solana had to wait over a year before Fireblocks added support — but Circle is fast-tracking Arc into institutional adoption.


Riding the Stablecoin Wave

Circle is capitalizing on strong momentum:

  • A $1.05B IPO in June.
  • Q2 revenue of $658M, up 53% year-over-year.
  • USDC circulation up 90%, surpassing $65B in August.

With stablecoins reaching a market cap of $277B, Circle’s USDC holds about a quarter of the fiat-backed share, while Tether dominates at 60%, reporting $4.9B profit in Q2.


The Big Picture

Arc isn’t just another blockchain — it’s a purpose-built platform for stablecoin finance, launched in a year where Wall Street is piling into tokenization projects.

With Fireblocks onboard from the start, Circle is positioning Arc as the go-to chain for institutions.

author avatar
Alex
Formally freelance blogger Alex is passionate writer with interest in Finance and Business, fascinated about crypto following news and covering stories.
Advertisement

You May Also Like

Business

US community banks are urging Congress to amend the GENIUS Act to stop stablecoin issuers and their partners from offering yield, warning that the...

Business

Bank of America Bitcoin ETFs are officially moving into the financial mainstream. The banking giant has authorized its wealth advisers to proactively recommend spot...

Business

The filing of Morgan Stanley Bitcoin and Solana ETFs signifies Wall Street’s increasing acceptance of regulated crypto products. The action could offer exposure to...

Finance

US Rep. Ritchie Torres is preparing a bill to crack down on insider trading in prediction markets after a controversial Polymarket wager tied to...

polkadot
Polkadot (DOT) $ 2.09 1.05%
bitcoin
Bitcoin (BTC) $ 90,874.00 0.40%
ethereum
Ethereum (ETH) $ 3,120.27 0.96%
cardano
Cardano (ADA) $ 0.392529 0.76%
xrp
XRP (XRP) $ 2.10 0.31%
stellar
Stellar (XLM) $ 0.226929 0.01%
litecoin
Litecoin (LTC) $ 80.91 0.76%