Circle’s Arc blockchain has surpassed $1 billion in USDC six weeks after the launch of its mainnet on September 16, 2026. Four wallets reportedly hold around 73% of the USDC on the network, indicating highly concentrated liquidity. The perpetual futures platform Extended moved approximately $120 million in trading collateral from Starknet to Arc, highlighting the role of trading platforms in driving its growth. However, the financial milestone does not guarantee widespread adoption: transaction activity, active wallet numbers, developer adoption and liquidity diversification will be decisive.
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