VelaFi is live on Arc from day one

VelaFi, a stablecoin-powered financial infrastructure platform enabling fast, compliant global money movement for businesses, is live on Arc, the blockchain Circle opened to the public on September 16. The integration gives the businesses and financial institutions VelaFi serves across LATAM, Asia, and other markets a direct line to USDC settlement on Arc.

Arc uses USDC as its native gas token, so fees are priced in dollars instead of a token that swings in value. It was built for financial institutions specifically. Transactions confirm in seconds. Privacy controls are built to hold up under regulatory scrutiny.

Before opening to the public, Arc processed more than 500 million transactions in testnet, with over 100 institutional and ecosystem builders already integrating with the network. BlackRock, Visa, Mastercard, and Standard Chartered are among the validators running the network alongside Circle, with VelaFi joining as one of its ecosystem partners from day one.

"VelaFi already moves money for institutions that don't have room for surprises. Arc gives us a settlement layer built to the same standard, so what we've always offered them just got faster and more predictable," said Matías Reyes, Financial Institutions Business Development Director at VelaFi.

For VelaFi's clients, this means one more settlement option that meets the standard they already expect from us: fast, predictable, and compliant by design.

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About VelaFi

VelaFi is a stablecoin-powered financial infrastructure platform for global businesses, operating through regulated entities across Latin America, Asia and other key markets. The platform connects local banking rails, global transfers, and major stablecoin networks to enable fast, compliant, and cost-efficient global money movement. VelaFi provides on/off ramps, pay-ins and pay-outs, cross-border payments, multi-currency accounts, FX services, liquidity and treasury tools, and secure custody, available directly on the platform or through API integrations. Learn more at velafi.com.

About Circle Internet Group, Inc.

Circle (NYSE: CRCL) is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications worldwide. Circle is building the world’s largest, most-widely used, stablecoin network, and issues, through its regulated affiliates, USDC and EURC stablecoins. Circle provides a comprehensive suite of financial and technology services that empower enterprises and developers to integrate stablecoins and blockchains into their products, services and business operations. For more information please visit https://circle.com.