Circle Internet Group Inc.
(NYSE:CRCL) CEO Jeremy Allaire said on Wednesday the firm is prioritizing Arc over other blockchains because it sees the network as a major long-term platform opportunity with attractive margin potential.
Will Arc be Bigger Than USDC?
During the company's second-quarter earnings call, Allaire described Arc as one of the most "massive" opportunities the company has ever encountered, and potentially even bigger than its $70 billion USDC (CRYPTO: USDC) stablecoin.
"This is the birth of a new operating system layer for economic activity in the world," Allaire said.
