Circle Develops Arc Partition Feature, Payment Partition Aims for Over 100,000 Transactions Per Second
Circle revealed during its Q3 earnings call that it is developing partition features for Arc, providing dedicated channels to support different types of financial activities. This includes privacy partitions aimed at institutions, a payment partition targeting over 100,000 transactions per second, and an AI Agent partition equipped with identity verification and audit tracking. Circle expects that by Q1 2027, AI Agents will be discoverable, hireable, payable, and trustworthy on Arc. As of late October, the total amount of USDC, cirBTC, and EURC on Arc is approximately $1.5 billion, with over $30 billion in USDC having circulated on Arc since its launch, resulting in a daily transaction volume of about 500,000. By October 30, the annualized payment volume of Circle's payment network has exceeded $58 billion, a growth of over 150% from $23 billion on July 31, with 205 financial institutions having joined, and CPN is expected to contribute significant revenue by 2027. In Q3, USDC accounted for 79% of the on-chain transaction volume of stablecoins, up from 66% in the same period last year; the total amount of USDC minted and redeemed reached a record $208 billion, a year-on-year increase of 42%.
-- Price
This content is provided for general informational purposes only and doesn't constitute financial, investment, legal, or tax advice. Any events, rewards, online promotions, or related information mentioned herein should not be considered a recommendation, solicitation, or invitation to purchase, sell, trade, or otherwise deal in any crypto assets. Crypto assets are highly volatile and may result in loss. The availability of WEEX services, products, and related events may vary by region. You are responsible for ensuring that your participation is in accordance with applicable local laws and regulations.
You may also like

Crypto: USDC Overtakes USDT in the European Market

Circle and Tereina Integrate USDC and EURC into SAP Cloud ERP

Circle Partners with Tereina to Integrate USDC and EURC into SAP Enterprise Payments

Circle brings USDC and EURC payments to SAP

Circle Suggests Retaining Multi-Issuance Structure for Stablecoins

Regular obtains its MiCA approval, 5.5% yield on stablecoins

Two men arrested for fraud with fake EURC

EURC Holds 62% Market Share, Leading Euro Stablecoin Market

Trump Media adds 1,510 Bitcoin in Q3 as treasury reaches $1.17B

Bank of Korea: Consider Existing Financial Regulations When Introducing Stablecoins

Dormant Ethereum Wallet Moves $4.6 Million. Scammers Set a Trap in Three Minutes

47% Top Tax Rate Approaches: Seven Tax Reduction Strategies for Australian Crypto Investors

WEEX P2P now supports ILS, BHD, OMR & QAR —Merchant Recruitment Now Open

Hyperliquid Strategies Reports 38.5M HYPE Treasury After $802M Deployment

No Music App on Work Laptops: The Small Rules Behind WEEX Security

SoftBank Reports First Quarterly Net Loss in Two Years, Intel and Data Center Dragging Down Performance
Can You Borrow Against Native Bitcoin (BTC) on Aave (AAVE) Yet? The Babylon Vote Explained
Can you borrow against native Bitcoin on Aave yet? See what the Babylon vote approved, what still needs to launch, and how BTC liquidation would work.

Why Doesn't Bitcoin Always Rise When Stocks Rally?

Financial Commission to Manage Stock Market Volatility with Sidecars and High-Frequency Trading Checks

IMF urges Kenya to make crypto firms share customer data under Travel Rule

Kim & Chang Lawyer: "Excessive Responsibility Should Not Be Imposed on Stablecoin Issuers"
Why Did Avalanche (AVAX) Rise? What the NYSE Settlement Plan Means for AVAX Demand
See why Avalanche (AVAX) rallied after the NYSE settlement announcement, how the dedicated chain would work, and what could create demand for AVAX.

Cryptocurrency Security Checklist: Four Lessons from Phemex Safety Hub Vol. 05–08

Solana's Former DEX Leader Prepares to Go All In on US Stocks

PIEVERSE Price Up Nearly 80% in a Week: Futures Activity, the November 14 Unlock and What Is Confirmed
PIEVERSE rose about 79% in seven days with futures volume far above spot. See what is confirmed about the November 14 unlock and the WEEX Lucky Eggs campaign.

Unauthorized Access to Gnosis Pay's Old Card System Leads to Customer Data Breach

Alchemy Pay Says Mississippi Licence Expands US Money Transmission Coverage to 20 States

Hong Kong Approves Crypto Asset Reporting Rules - Fintech World

Biden's Son's LAPTOP Burns 5.5% as Conditions Met in U.S. Midterm Elections








