Circle CEO: the era of crypto hype is over, blockchain is becoming infrastructure
- —Allaire: blockchain will become infrastructure users never think about
- —USDC circulation is about $73.8 billion as of September 17, 2026
- —Arc Mainnet launched on September 16, with 100+ applications and institutions in the ecosystem
- —On Arc, fees are paid in USDC rather than the network's native token
Why it matters: A signal of crypto shifting from speculation to infrastructure for payments and AI agents, supporting long-term demand for USDC and stablecoins.
Source: Siam Blockchain