BlockBeats News, May 11th, Andreessen Horowitz (a16z) announced a $75 million investment in Circle Internet Group's new public blockchain project Arc through ARC tokens. a16z stated that stablecoins are gradually becoming a critical infrastructure of the global financial system, with the annual transaction volume of stablecoins reaching $9 trillion by 2025, on par with Visa and PayPal. Currently, the supply of USD stablecoins has exceeded $270 billion.

a16z described Arc as designed to be an institutional-facing "new economic operating system," supporting sub-second settlement, configurable privacy, institutional-grade validation nodes, and USDC-based cross-chain settlement. Arc will natively integrate with Circle's CCTP and plans to collaborate with over 200 partners, including Goldman Sachs, Visa, and Mastercard, to collectively build the ecosystem.

a16z believes that as the global financial system gradually moves onto the blockchain, a few blockchain networks will become the underlying infrastructure of the new financial system, with Arc poised to be one of them.