Circle's Arc: The Economic Operating System for the Internet

Host Justin Friedman sits down with Rachel Mayer, VP of Product at Circle and one of the masterminds behind Arc, to unveil Circle’s new layer one blockchain. Drawing on Rachel’s experience trading emerging-markets currencies on Wall Street, they start with the inefficiencies still embedded in traditional cross-border money movement. Rachel explains how Arc is designed as an “economic operating system” for on-chain finance, with stablecoins used for gas, opt-in privacy, and interoperability built into the network from the start. The conversation explores why privacy and auditability need to coexist, how a permissioned validator set including major banks and payments companies changes the model for public blockchain infrastructure, and whether instant settlement should always mean irreversible settlement. They also dig into Circle’s broader strategy for bringing foreign exchange on-chain, including the Circle Payments Network, which enables cost-effective and compliant global payments, StableFX on Arc, which aims to reduce counterparty risk for institutions by settling select stablecoin currency pairs on-chain, and Circle’s support for a growing ecosystem of non-USD stablecoins. Rachel makes the case that local currencies will remain relevant, and explains why deeper on-chain liquidity could eventually reshape cross-border payments and institutional FX. Learn More Visit: Arc.io Visit: Circle.com Connect with the Host & Guest Justin Friedman Rachel Mayer Follow Rachel on X Follow Arc on X About Crossing the Chasm Crossing the Chasm is a special series with Rain focused on what it actually takes for stablecoins to become the default for everyday payments. Instead of rehashing benefits or highlighting pilots, the series breaks down the real work behind winning on Main Street, from upgrading payment rails and navigating regulation to embedding stablecoins into products people already use. Through conversations with builders and operators, we explore how tokenized money moves from early adoption to practical, widespread use across businesses and consumers. Subscribe for more conversations on what it actually takes to bring tokenized money into the real world. Follow The Financial News Network Linkedin X Instagram TikTok YouTube