USDC
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Circle raises $222 million for arc blockchain amid earnings
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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.
USDC issuer Circle has created Arc, a new layer-1 blockchain built for stablecoin-native finance.
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Meta announced USDC payouts for eligible creators in Colombia and the Philippines on April 29. The service allows payments directly into compatible crypto wallets on Solana and Polygon blockchains. Expansion to over 160 additional markets is planned soon.
February 09, 2026 05:34