Circle has raised $222M for Arc network.
Circle has officially secured $222M in capital for its Layer 1 blockchain Arc. This funding saw numerous backers, including lead investor Andreessen Horowitz, and others such as BlackRock, Bullish, SBI Group, Haun Ventures, and more.
This values the network at $3B and helps the team prepare for the upcoming Arc token distribution. Currently, Arc is still in testnet. The company has also revealed its Q1 2026 earnings results. From last year’s Q1, Circle’s revenue and income grew by 20% to $694M, as well as increasing USDC circulation by 28% to $77B.
Since January’s reporting, however, its overall issuance of USDC hasn’t grown significantly.
Additionally, Circle has doubled down on its AI Agent conviction.
Earlier, the team had introduced new agentic solutions under Nanopayments, helping developers accept gas-free micro-transactions using USDC stablecoins from AI Agents.
This time around, Circle has revealed a marketplace for Agents to browse through different API endpoints based on the specific task or intention. Their table of providers lists each service under a price per minute.
Within this, they are offering an Agent Stack that completes a broader toolkit for Agents and developers including a marketplace, a wallet and also CLI (Command Line Interface) for creating easy payment flows.
