A new transfer tool allows USDC holders to move funds directly onto the Arc network without utilizing third-party intermediaries. Circle designed this issuer-built bridge to streamline the flow of assets into its ecosystem, where users pay network fees in USDC and access a minted supply of 10 billion ARC tokens.

The Layer 1 blockchain debuted on September 16 with 11 institutional validators including BlackRock, Visa, Mastercard, and the DTCC. The system recorded $3.5 billion in transaction volume during its first 24 hours and integrates MetaMask as the default wallet for its 3,000 applications. Robinhood announced support for direct stablecoin deposits and withdrawals on the network.