Circle unveils Arc, a stablecoin-focused Layer 1 blockchain using USDC as native gas, aiming to power enterprise-grade payments, FX, and capital markets with sub-second settlement.

Circle Internet Group shares surged Tuesday as its first financial report since its initial public offering came in better than expected on growing use of the USDC stablecoin.

Circle USDC growth accelerates as adoption rises across exchanges, DeFi platforms, and global payment systems, boosting its role in digital finance.