What Comes After Stablecoins? (ft. Circle CEO Jeremy Allaire and Chris Dixon)

The emergence of Arc, a purpose-built blockchain infrastructure, signals a transition toward an internet-scale economic operating system capable of supporting institutional-grade financial contracts. By prioritizing regulatory compliance and deterministic settlement, this network addresses the limitations of earlier blockchain iterations while maintaining an open, permissionless environment. The integration of stablecoins like USDC provides the necessary liquidity for global value exchange, while the rapid advancement of generative AI accelerates software development and creates new autonomous economic agents. As AI increasingly performs cognitive and financial labor, these networks will facilitate complex, automated economic arrangements, moving beyond traditional skeuomorphic applications toward novel, machine-driven market structures. This evolution reflects a broader shift in the digital landscape, where programmable money and decentralized infrastructure converge to redefine the velocity and scope of global economic activity.