Speaking at the 2025 Future Investment Initiative in Riyadh, Circle Internet Group (CRCL) CEO Jeremy Allaire introduced Arc, describing it as an economic OS for the internet. He emphasized that as financial systems migrate on-chain, enterprises need reliable performance, predictable costs, and strong privacy. Built for payments, foreign exchange, lending, and capital markets, Arc offers dollar-denominated fees, sub-second settlements, and enterprise-level privacy controls. The blockchains public testnet launched on October 28, with a mainnet debut expected in 2026 after developers test smart...