According to CoinMeta, Circle Chief Product and Technology Officer Nikhil Chandhok stated in an interview with Bankless on September 16 that Ethereum is the largest blockchain by USDC. Simply migrating existing businesses and USDC from Ethereum to Arc will not expand the entire market. He believes that in the future, AI intelligents will become independent economic participants and will need to prove on the internet the work they have completed. Nikhil hopes that Arc can enable intelligents to record their activities and prove their work history and actual output through cryptography, thereby creating new on-chain demands.