a16z invests $75 million in Circle's Arc Network.

CoinFeed reported on May 11 that a16z crypto announced a $75 million investment in ARC tokens for Circle's Arc blockchain network. a16z stated that stablecoins are becoming a core global financial infrastructure, with annual stablecoin trading volume reaching $9 trillion by 2025 and the supply of USD stablecoins exceeding $270 billion. Arc is positioned as an "economic operating system" for institutions, supporting EVM compatibility, sub-second settlement, configurable privacy and compliance auditing, and enabling cross-chain transfers through Circle CCTP. Arc has already secured support from over 200 partners, including Goldman Sachs, Visa, and Mastercard. Circle plans to leverage the USDC ecosystem to promote the construction of institutional-grade on-chain financial infrastructure.