Circle Weighs Native Token for Arc Network
Circle said it is considering a native token for Arc, its programmable stablecoin network, revealing the proposal as part of its third-quarter earnings update that showed net income rose year over year. The announcement signals a potential expansion of Arc's utility beyond settlement and payments, while Circle continues to report improving financial performance that supports further product development.
The move could unlock new uses such as governance, incentives, or cross-platform liquidity for USDC-based applications, and may accelerate developer interest in Arc. Market participants will watch for details on token design, distribution and regulatory compliance, since any native token tied to a major stablecoin network will draw close scrutiny. Circle did not provide a timeline, so stakeholders expect follow-up guidance as plans progress.