Circle ($CRCL) CEO: 'We Do See Significant Revenue Potential From Arc Over Time'

Speaking at the Future Investment Initiative, Circle CEO Jeremy Allaire positioned Arc as the "economic OS for the internet," designed to handle core financial workflows like payments, FX, and lending with dollar-denominated fees, sub-second settlement, and privacy controls.

Allaire emphasized that USDC serves as the practical bridge and settlement unit for these use cases, noting significant growth in USDC demand from emerging markets seeking frictionless dollar settlement outside legacy banking.

The Arc public testnet launched on October 28, with mainnet targeted for 2026. Allaire highlighted that over 100 companies are involved in the ecosystem, framing Arc's business model as transactional and ecosystem-driven, aiming to move commerce's "financial guts" onto programmable rails with predictable costs and compliance-friendly privacy.

(Source：CoinDesk)