Circle Internet launches public testnet for Arc Layer-1 blockchain network

Circle announced the launch of the public testnet for Arc, an open Layer-1 blockchain network. The launch has engagement from over one hundred companies. Arc is now available for developers and enterprises to deploy, test, and build on what Circle describes as the new Economic Operating System for the internet. The network features predictable dollar-based fees, sub-second transaction finality, and direct integration with Circle’s platform. “With Arc’s public testnet, we’re seeing remarkable early momentum as leading companies, protocols, and projects begin to build and test. Combined, these companies reach billions of users, move, exchange, and custody hundreds of trillions in assets and payments, and support local economies across Africa, the Americas, Asia, Europe, and the Middle East. This geographic diversity highlights a defining strength of Arc: its purpose-built to connect every local market to the global economy,” said Jeremy Allaire, co-founder, chairman and CEO of Circle. “Arc presents the opportunity for every type of company to build on enterprise-grade network infrastructure-advancing a shared vision that a more open, inclusive, and efficient global economic system can be built natively on the internet.”