Circle Allocates $649M USDC and $7M EURC to Its Arc Layer-1 Blockchain

Circle has deployed $64.9 million in USDC (approximately 88.91 billion won) and $7 million in EURC (approximately 9.6 billion won) to its own Layer-1 blockchain Arc, according to a report from Crypto Briefing. Circle has previously introduced Arc as a public Layer-1 blockchain specialized for stablecoin finance, with official materials specifying native support for USDC and EURC. Specific transaction details or additional schedules related to the deployment were not disclosed in the report.