ARC Stablecoin Capitalization Jumps 33.51% on October 23
1 report, 1 independent
Updated Fri 00:00
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
ARC's stablecoin capitalization rose 33.51% on October 23, 2026. DefiLlama reported that overall stablecoin capitalization stood at $304.89 billion, which was $1.25 billion lower in the weekly comparison. ARC led network-level increases at 33.51%.
From econotimes.com
Why it matters
The significant growth in ARC's stablecoin capitalization increases competitive pressure on Ethereum within the stablecoin market. This rise occurred while overall stablecoin capitalization saw a slight weekly decline.
From econotimes.com
Who's involved
- ARCSoftware platform whose stablecoin capitalization rose significantly.
- CircleCreated ARC, which serves as core Layer-1 infrastructure for its financial operations.
- Axos FinancialAcquired ARC Technologies on July 1, 2026.
- Hokkaido UniversityHosts ARC as a formal research center.
- CongressFormally created ARC and PLC programs.
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The entities involved
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ARC
software
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