Circle launches Arc L1 as Apple and Google eye stablecoin payments
- —Circle launched Arc public mainnet and minted 10 billion ARC tokens
- —USDC accounts for 98.6% of agentic AI payment volume, per Circle
- —TRM Labs: USDC made up 99.6% of value settled via x402 since May 2025
- —Arc processes over 3,000 TPS, with Circle targeting 100,000 TPS
Why it matters: USDC's dominance in AI-agent payments could erode as Apple and Google enter the stablecoin market.
Source: CoinGeek