Arc stablecoin market cap grows by $155M in past week
Photo: Crypto Briefing
Circle's Layer-1 chain pushed its stablecoin supply past $670 million, even as daily active wallets have dropped sharply since launch Arc, the Layer-1 blockchain built by Circle, just had a very good week for stablecoin supply. Its stablecoin market cap reached approximately $670.75 million on October 19, 2026, a 30.05% jump from the week before. That works out to roughly $155 million in fresh stablecoins in seven days. For a chain that went live barely a month ago, that is a brisk pace. The catch is that the money and the people are moving in opposite directions.
Source: Crypto Briefing
