Circle: "Robust infrastructure will drive broader stablecoin adoption"

Source
Uk Jin

Summary

  • Circle said it will focus on upgrading infrastructure through 2026 to expand stablecoin use by companies and institutions.
  • CPTO Nikhil Chandhok said key tasks include building resilient stablecoin infrastructure, expanding payment networks, and developing institution-focused blockchains.
  • Circle said it will boost usability by expanding supported networks and integrations for USDC, EURC, USYC, and its institutional Layer-1 blockchain Arc.

Stablecoin issuer Circle said it will focus on upgrading its infrastructure through 2026 to expand the use of stablecoins by companies and institutions.

On the 30th (Korea time), Circle Chief Product and Technology Officer (CPTO) Nikhil Chandhok wrote in a blog post that "building more resilient stablecoin infrastructure will accelerate adoption by companies and institutions," adding that "expanding payment networks and developing institution-focused blockchains are key tasks."

In particular, the company plans to concentrate on moving its institutional Layer-1 blockchain, 'Arc,' which is currently running on a testnet, into a production environment.

Circle also plans to expand the supported blockchain networks and strengthen integrations to improve the usability of its own and partner stablecoins—such as USDC, EURC, and USYC—so institutional users can more easily hold, transfer, and use them.

Chandhok said, "We will expand native support across major networks and deepen integration with Arc so institutional users can more easily hold, transfer, and use stablecoins in their day-to-day workflows."

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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