Circle has unveiled its flagship 2026 report titled Beyond Stablecoins The Rise of the Internet Financial System which outlines the emergence of a new global economic framework driven by public blockchains regulated stablecoins and programmable infrastructure the document highlights Arcs role as an enterprise grade layer one blockchain serving as the economic operating system for the internet it showcases milestones like the October testnet launch with over 100 partners including major firms from finance and tech sectors emphasizing how these advancements are paving the way for seamless commerce capital markets and social impact initiatives