Circle Explores Native Token for Arc Blockchain as Q3 Profits Jump 202%
Circle is exploring a native token for its Arc blockchain while reporting a 202% year-over-year jump in Q3 net income to $214 million.Summary
Circle, the issuer of USDC, announced plans to explore a native token for its Arc blockchain, intended to foster network participation and align stakeholder interests, during the release of its Q3 2025 financial results on November 12, 2025. The company's Q3 revenue reached $740 million, a 66% increase from Q3 2024, with net income soaring 202% to $214 million. The Arc public testnet, launched in October 2025, is a specialized layer-1 blockchain for stablecoin transactions, using USDC as its gas token, and is being tested by over 100 major firms including Goldman Sachs and Visa. The Arc network promises sub-one-second transactions and 10,000 TPS. Furthermore, Circle's Payments Network, launched in May 2025, is showing rapid adoption across eight countries. Following this strong performance, Circle raised its 2025 guidance, expecting its Revenue Less Distribution Cost margin near 38%, as USDC circulation grew to $73.7 billion.
(Source：Brave New Coin)