Fireblocks, Circle Partner to Boost USDC Adoption on Arc Blockchain
Fireblocks, Circle Partner to Boost USDC Adoption on Arc Blockchain

Fireblocks, Circle Partner to Boost USDC Adoption on Arc Blockchain

News summary

Circle and Fireblocks have formed a strategic partnership to accelerate the adoption of USDC stablecoin among financial institutions by integrating Circle's stablecoin network with Fireblocks' custody and payments infrastructure. Central to this collaboration is Arc, a new enterprise-grade Layer-1 blockchain developed by Circle, designed specifically for regulated institutions to enable programmable, compliant, and scalable stablecoin finance. Fireblocks will provide secure infrastructure and interoperability through its Network, allowing clients seamless access to Circle's products like Gateway, which offers real-time cross-chain liquidity and consolidated USDC balances. This integration aims to simplify cross-border payments, treasury management, and settlement processes under traditional banking standards while addressing institutional demands for security, regulatory compliance, and technological scalability. Both companies emphasize that their combined technology will empower thousands of financial institutions to build and operate stablecoin-based digital asset services confidently, setting new standards for the future of programmable money. The partnership marks a significant advancement in stablecoin infrastructure by uniting two leading providers to facilitate onchain payments and global financial innovation.

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