Circle Raises Funding at $3 Billion Valuation for Arc Blockchain

Circle, the stablecoin issuer of USDC, jumped 16% Monday after reporting revenue growth and announcing a fundraising for its planned blockchain.

The company https://www.circle.com/pressroom/circle-reports-first-quarter-2026-results">said it raised $222 million for Arc, a stablecoin-focused blockchain, at a $3 billion valuation from investors including a16z crypto, ...