Arf, a company in the Circle Ventures portfolio, is a global settlement banking platform that integrates traditional finance with Web3 to facilitate real-time cross-border payments using digital assets like USDC. Through partnerships with Circle and the Stellar Development Foundation, Arf provides licensed financial institutions with short-term working capital via its USDC-based Arf Credit Line, eliminating the need for pre-funding and reducing counterparty risk. Arf's on-chain transactions offer transparency and efficiency, enabling institutions to manage global treasury operations without extensive technical integrations or multiple accounts. The company emphasizes compliance and customization, having received the Financial Services Standards Association License in 2022, and aims to expand its licensing globally. Arf is also developing DeFi liquidity infrastructure to enhance financial services, positioning itself as a leader in the evolving finance industry.