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Crypto

Circle launches Arc layer-1 blockchain mainnet targeting stablecoins

Circle has launched the mainnet of Arc, a layer-1 blockchain that uses USDC as the asset for transaction fees. Cointelegraph reported that Arc targets stablecoin payments and financial markets, especially agent-based trading. Arc is compatible with the Ethereum Virtual Machine and offers sub-second payment finality. It supports more than 20 fiat stablecoins and provides tokenised assets such as BlackRock’s BUIDL and Circle’s USYC in native form.

Crypto

Crypto industry steps up push to build infrastructure for AI agents

Cryptocurrency firms are seeking to expand demand by drawing AI agents in as new users of wallets, stablecoins and payment networks. CNBC reported that Kraken, Coinbase and Circle are accelerating efforts to build infrastructure targeting AI software activity. The industry sees AI agents, designed to operate online, as naturally needing digital wallets, programmable money and 24-hour payment networks. Executives say stablecoins and smart contracts can automate payments and settlement without human oversight.

Crypto

Coinbase appoints veteran engineer Rob Witoff as CTO, CEO calls him key to AI shift

Coinbase has appointed long-serving engineer Rob Witoff as chief technology officer, the company said. CEO Brian Armstrong said Witoff has contributed to the company’s growth and played a key role in making Coinbase one of the world’s most active users of artificial intelligence. Witoff said he has formally begun his duties. The move comes as Coinbase accelerates an AI-first shift, following layoffs and organisational changes in 2026.