Circle is advancing its Arc blockchain project, with plans for a native token, according to CEO Jeremy Allaire.
Circle, one of the largest stablecoin issuers in the industry, is exploring the possibility of a native token for its Arc blockchain, according to the company’s chief executive Jeremy Allaire.
During the company’s Q4 2025 earnings call, Allaire said Circle is exploring a native token for the Arc blockchain and that the company is gaining a strong understanding of how it would work.
“We’re getting a very good understanding of how a token can play a key role in providing stakeholder incentives, governance, security, utility and other things on the Arc network,” Allaire said, though no timeline for a launch was revealed.
The company launched the public testnet for Arc in October 2025, with plans for a full mainnet release expected later this year.
Circle announced Arc in August last year, designing the network specifically for issuing and transacting stablecoins. As The Defiant reported, the network would focus on faster settlement and lower transaction costs compared with existing public blockchains.
Kevin Lehtiniitty, CEO of Borderless.xyz, told The Defiant last year that the competition for the “stablecoin chain” just brings the industry back to fragmented payment systems with new branding. As Lehtiniitty explained, “The answer that does push open finance forward in my mind is connectivity and interoperability; not another chain or another token.”
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