Circle Public Chain Arc to Launch Its Own Token! Introducing "Micro-Payment" Technology to Embrace the AI Agent Economy

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Circle CEO Jeremy Allaire announced the latest blueprint in Seoul, confirming that the public blockchain Arc Network will evaluate issuing tokens to promote a PoS mechanism.

Stablecoin issuer Circle CEO Jeremy Allaire revealed the company’s latest strategic blueprint at an offline event in Seoul yesterday. The focus was on the token issuance plan for Arc Network, the AI agent economy layout, and potential future collaborations with the Korean won stablecoin.

Subsidiary stablecoin payment public chain Arc Network to issue tokens

Allaire confirmed during the event that the stablecoin payment public chain Arc Network, developed over two years, has entered the testnet phase. This platform, defined as an economic operating system, is designed for large-scale transactions in mainstream markets and features quantum resistance. Currently, Circle is actively evaluating issuing a native token for Arc Network to establish governance, incentivize participation, and advance the system toward a proof-of-stake (PoS) mechanism.

Embracing the AI agent economy, launching micro-payments of one-millionth of a cent

Circle is actively upgrading its infrastructure to prioritize AI. To meet the high-frequency, tiny-value information and computational trade needs among AI agents, Circle will soon launch “Circle Nano Payments,” a technology capable of reducing transaction costs to as low as one-millionth of a cent, supporting a vast AI economy.

Stablecoins entering physical e-commerce, Stripe and Shopify expanding USDC support

Allaire emphasized that stablecoins have long moved beyond mere crypto speculation and are deeply integrated into enterprise finance and the real economy. Global e-commerce and payment infrastructure giants Stripe and Shopify have already integrated USDC checkout options. Through these seamless integrations, multinational corporations and retail merchants can complete global payments and fund transfers at very low costs and minimal time delays.

Optimistic about Korea’s prospects, actively seeking stablecoin technology cooperation with the Korean won

Regarding South Korea’s ongoing digital asset and stablecoin legislation, Allaire expressed high expectations. Confronted with the potential rise of a KRW stablecoin, he demonstrated strong willingness to collaborate, stating that Circle is very willing to provide mature technical infrastructure and foreign exchange (Stable FX) facilities to help local Korean projects access global liquidity and jointly expand the stablecoin ecosystem.

  • This article is reprinted with permission from: 《Chain News》
  • Original title: 《Circle’s Public Blockchain Arc Network to Issue Tokens! Launching Micro-Payments to Welcome AI Agent Economy》
  • Original author: Co2
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