In this discussion, Rachel Mayer, a fintech and crypto builder at Circle, shares insights on the innovative Arc platform. She explains why Arc is structured as a Layer 1 instead of Layer 2, enhancing gas fee predictability and privacy. Rachel dives into the concept of stablecoin-as-gas, which enables instant settlement, making blockchain adoption easier for institutions. With over 100 launch partners, she highlights the significant shift in market dynamics as $8 trillion daily FX transactions start flowing on-chain, transforming liquidity and user experiences.