USDC issuer Circle has created Arc, a new layer-1 blockchain built for stablecoin-native finance.
The blockchain is designed specifically to support operations centered on stablecoins such as USDC. It aims to provide infrastructure tailored to this segment of digital assets rather than general-purpose applications.
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Circle announced a $222 million presale for its ARC token at a $3 billion valuation alongside first-quarter results. The USDC issuer beat earnings estimates but missed on revenue. Shares rose more than 15 percent on the news.
Circle, a company focused on blockchain-based stablecoin payments, has secured new partnerships with Visa and Intuit, along with an entire country. These collaborations aim to expand its ecosystem for digital payments. The developments were reported in a Motley Fool article published on February 26, 2026.
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The HYPE token surged after Coinbase and Circle committed to Hyperliquid’s AQAv2 upgrade, aligning USDC with the protocol’s yield-sharing framework.
Hong Kong has awarded its first stablecoin issuer licences to HSBC and a joint venture led by Standard Chartered, marking the city's latest step towards becoming a global digital asset hub. HSBC plans to launch its Hong Kong dollar stablecoin in the second half of this year, integrating it into its PayMe and mobile banking platforms.
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Blockchain analytics firm Arkham has identified two OFAC-sanctioned Tron wallets connected to Iran's central bank. The mapping provides new public insight into Tehran's onchain cryptocurrency activity.