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Gordon Liao
Chief Economist & Head of Research @circle Prior: Head of Research @Uniswap, economist @federalreserve, trader @ harvardmanagement, Ph.D., A.B.@harvard
Gordon Liao kirjasi uudelleen
Architected for stablecoin finance
Today, we’re unveiling @Arc: a new blockchain purpose-built for the era of stablecoin finance.
But first, my own story. I grew up in Venezuela, where money didn't hold its value. Overnight, hyperinflation could wipe out your savings. You saw the photos, suitcases of cash for paying at the supermarkets.
Amidst this chaos and uncertainty, crypto emerged as a lifeline. While much of the world saw Bitcoin and crypto as hype-prone assets with yet-determined utility, we recognized what they truly offered: freedom. Crypto was our way to preserve value. Our way to send money to loved ones. Our way to plan for our future and that of our families.
In short, crypto was our way to opt out of a system that no longer worked in our favor.
My experience in Venezuela shaped everything for me. It instilled in me an unwavering belief in the promise of crypto as a real alternative to insufficient financial infrastructure.
For the last eight years, I’ve worked at @Circle to bring that promise to life by growing USDC to be one of the most widely-adopted stablecoins in the world. Along the way, one thing was always clear: stablecoins alone were just the beginning. Partners seek a way out of the burden of the banking hours cutoff of available payment systems. Developers want a home for their stablecoin applications. Institutions feel the pain of volatile gas fees and lack of privacy controls beyond POCs.
We see the opportunity beyond just stablecoins, to stablecoin finance. An ecosystem purpose-built to offer developers, institutions, and builders the most impactful access to build with stablecoins.
We have always known the dawn of StableFi was inevitable, but the timing wasn’t right. Until now.
Arc is an open L1 blockchain built from the ground up to supercharge what stablecoins unlock:
✔️Fast, global payments
✔️Onchain FX and 24/7 settlement
✔️Institutional trading settlement without cumbersome intermediaries
✔️And whatever else tomorrow’s developers can envision
This is stablecoin finance — StableFi. Optimized for trust, usability, and scale, this is a world where money is designed to maintain stable value, flows seamlessly, and is accessible to anyone, anywhere. Whether you’re building a remittance service in Lagos, a savings app in Bogotá, or an FX trading platform in London … Arc is built for you.
Arc is made up of many stablecoin components and features we at Circle have envisioned over the years, now in one place:
✅ Built for USDC, and other USD and non-USD stablecoins
✅ EVM-compatible, with fast sub-second finality and low predictable fees
✅ Designed for opt-in privacy
✅ FX-engine for built in liquidity
For me, Arc is personal. For you, we’ve built it so you have a stablecoin home.
Even with all the innovation over the last decade, we are only just starting to experience the promise of stablecoin finance. It is the connective tissue between crypto’s ideals and the financial system our world needs.
Public testnet is coming this fall.
If you’re building StableFi, come build with us. It’s time.
46,64K
Introducing Arc: an open L1 built for stablecoin finance.
“Arc is where the speed and openness of the internet meet the trust and reliability of regulated finance.”


Circle12.8. klo 20.34
Introducing Arc, the home for stablecoin finance.
@Arc is an open Layer-1 blockchain purpose-built to drive the next chapter of financial innovation powered by stablecoins.
Designed to provide an enterprise-grade foundation for payments, FX, and capital markets, Arc delivers the performance, reliability, and liquidity builders need to meet global financial demands.
Arc features:
✅ USDC as native gas
✅ Built-in FX engine
✅ Deterministic sub-second finality
✅ Opt-in privacy
✅ Full Circle platform integration
Open, composable, and EVM-compatible, Arc is designed to interoperate seamlessly with the broader multichain ecosystem.
As part of our mission to advance blockchain infrastructure, we're excited to welcome the Malachite team and IP from @informalinc to Circle. Arc is built on Malachite’s high-performance consensus engine.
In line with our commitment to open-source development, the core software for Arc will be released under a permissive license, enabling the broader developer community to contribute, extend, and build on top.
Serving as foundational infrastructure for the internet, Arc will enable 24/7 global settlement that’s as seamless and native as messaging on the web.
Arc will enter private testnet in the coming weeks, with public testnet expected this fall.
Read the litepaper:
Let’s build the new internet financial system together:
25,52K
Excited for your next chapter! Thank you for everything you’ve done for Uniswap and the ecosystem.

Mary-Catherine Lader16.7.2025
Personal news: after four incredible years as President & COO of @Uniswap, I’m starting something new.
This is a new chapter for crypto. We’ve come a long way since I started digital assets at BlackRock in 2015, and building with @haydenzadams was an awesome adventure.
I’m excited to scale from here. Stay tuned :)
1,68K
Gordon Liao kirjasi uudelleen
Circle is now officially a public company, listed on the @NYSE under $CRCL.
With @USDC, EURC, Circle Payments Network & more, we're pushing forward a future of frictionless value exchange.
We are not just building financial products. We are building the money layer of the internet.
To everyone who has contributed to this moment, thank you.
513,89K
Querying blockchain data and wallet profiles should be as easy as chatting with a chatbot. Now it is👇

Roey Ben Chaim26.4.2025
@gordonliao and I built an MCP server that lets AI agents actually reason about blockchain wallets.
Took 3rd place at the AI Fintech Hackathon by @agihouse_org + @AnChainAI! 🚀
Demo below.
Bullet points + GitHub next 👇
972
Stablecoin network effects just leveled up

Sunil Sharma22.4.2025
I'm proud to introduce what I’ve been deeply immersed in for the last few months: Circle Payments Network (CPN), the new standard for global money movement.
CPN connects global FIs to orchestrate RT cross-border payments, with stablecoins at its core -
1,43K
I’m honored to be included in @ProSyn’s Forward Thinkers list, launched to mark their 30th anniversary and highlight 30 global voices shaping the future of public debate. Explore the full list and learn more about their work here: . #PS30


Project Syndicate17.4.2025
To mark 30 years of Project Syndicate, we are proud to launch the #PS30 Forward Thinkers list.
Over the coming weeks, we will introduce 30 individuals who are reshaping our understanding of politics, economics, technology, sustainability, and more.
We believe that these thinkers, drawn from academia, policymaking, civil society, and the private sector, will drive progress on key global issues for years to come.
Meet the Forward Thinkers:

1,59K
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