Circle CEO mentions potential airdrop of ARC: 60% of the 'ecosystem' share includes airdrop purposes Odaily Daily News: Jeremy Allaire, co-founder and CEO of Circle, responded to questions from various analysts during tonight's earnings call. When asked whether there will be a wider distribution of ARC tokens in the future, Jeremy Allaire said, "We have completed the $222 million ARC token pre-sale with a $3 billion FDV, and we have an obligation to ultimately distribute tokens to these pre-sale participants. Our current core focus is to drive the launch of the Arc mainnet (upcoming) and drive the network's utility and growth. Ultimately, as the network expands, ARC tokens will play a crucial role in utility, governance, staking, and security. The content we shared in the ARC Token White Paper is that 60% of the tokens are specifically used for ecosystem funding, airdrops, and other incentive programs, which Circle and the broader community hope to see over time. Obviously, there will be more opportunities in the deployment of ARC tokens, especially for these 60% of tokens, in the future. ”Previously, according to the ARC Token White Paper, 60% of the tokens will be allocated to the ecosystem (token sales, developer funding, network growth); 25% will be allocated to Circle (protocol development, staking, and governance); 15% will be allocated to long-term reserves (strategic flexibility and economic stability).