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      Circle Launches Arc Blockchain to Support AI Agents and Stablecoin Transactions

      Circle has officially launched Arc, a Layer-1 blockchain designed specifically for stablecoins and artificial intelligence (AI) agents. The mainnet was introduced on September 16, 2026, with the aim of creating a new ecosystem for AI-driven transactions rather than competing directly with existing platforms like Ethereum. Nikhil Chandhok, Circle's Chief Product and Technology Officer, emphasized that the goal is to expand the market rather than simply transferring users from Ethereum to Arc.

      Arc is built to facilitate machine-to-machine economic activities, which Chandhok believes will be the future of blockchain transactions. The platform features the Agent Stack, which provides AI agents with essential tools such as provenance proofs and reputation systems. Notably, Arc uses USDC, a dollar-pegged stablecoin, as its native gas token, allowing for predictable transaction fees and rapid settlement times through its Malachite consensus engine, which ensures transactions are confirmed in under a second.

      The launch of Arc was supported by a significant financial backing, including a $222 million private presale of 740 million ARC tokens, valuing the project at approximately $3 billion. Institutional validators such as BlackRock, Visa, and Mastercard are among the initial supporters of the network, highlighting its potential appeal to major players in the financial sector. Circle's strategy positions it as an infrastructure provider, enabling third-party developers to build applications on top of the Arc platform, thereby fostering innovation in AI-driven transactions.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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