Arc won't establish itself overnight. The FUD no longer makes sense. A project isn't judged solely by the noise on day one. Let's look at whether it actually solves a real problem and provides a foundation others can build on. I believe @arc deserves that perspective. As of October 19, DefiLlama puts Arc at around $792.6M in TVL and $670.7M in stablecoins, with 30% weekly growth. The most interesting signal is in credit. Morpho's main cirBTC/USDC market reached around $190M in loans, backed by more than $300M in cirBTC. Tokenized Bitcoin is starting to function as collateral, not just an asset sitting idle. Morpho and Aave are already part of Arc's lending layer. That's where the value of financial infrastructure starts to be measured. The public network launched with 11 founding institutions serving as validators, including BlackRock, DTCC, Visa, Mastercard, ICE, and Standard Chartered. That doesn't guarantee success, but it shows Arc is building relationships with key players in the financial system. Arc is also betting on fees paid in $USDC and sub-second finality. For payments and settlements, predictable costs and fast confirmations aren't minor details. They're part of the infrastructure applications need to grow. The bet on AI agents is also starting to take shape. Tools like Agent Wallets, Arc Studio, and payments via x402 point toward a future where agents can execute transactions and programmable payments on financial infrastructure. Another important detail: fees are paid in USDC, not ARC. This makes it possible to evaluate the network based on its utility and costs, without every transaction depending on a volatile token as its gas asset. It's a design choice that makes sense for financial infrastructure. My take is simple: Arc doesn't need to look like a meme chain to make sense. It needs to prove it can connect stablecoins, collateral, credit, payments, and agents through infrastructure that people and businesses use on a recurring basis.