Cryptobriefing reported that Circle, the issuer of the dollar-pegged stablecoin USDC, has supplied $649 million worth of USDC and $7 million worth of EURC to its own mainnet, Arc. USDC will be used for gas fee payments on the Arc mainnet. Meanwhile, Circle announced that it has completed the issuance of a total of 10 billion ARC tokens with the launch of the Arc mainnet, but the public release and specific use cases for the tokens have not yet been determined.
