#What is Circle's Arc Blockchain for Institutional Finance?
Circle has recently initiated testing of its Arc blockchain, designed specifically for major institutions. This innovative Layer-1 blockchain utilizes USDC as its native gas, facilitating stablecoin-driven financial applications.
With Arc advancing into the public testnet phase, it introduces essential features such as instant settlement and privacy options. These functionalities are fully integrated with Circle’s existing platform, enhancing the use of stablecoins in financial operations. The blockchain focuses on fulfilling institutional needs where rapid transaction processing and strict regulatory compliance are critical.
By allowing prominent financial and technology firms to trial Arc's functionalities, Circle is enabling a thorough evaluation of the blockchain’s potential before any full-scale rollout. This strategic move positions Arc as a viable infrastructure solution for enterprises seeking to implement stablecoin technology with robust institutional features, thereby enhancing their operational efficiency and compliance capabilities.