One way is to use the cricut design space.

How to arch text in cricut. Make your circle the size you would like your text to be wrapped around. You can find the “arching” tool in the lower left corner of the screen. You can change the font by tapping the font tab on the bottom left.

Look over to the layers column. When you're happy with the curve, let go of the mouse. Select the word, and then click “ungroup.”.

Learn how to curve text with a free app on your phone or ipad so you can upload it into design space when a computer is not available. Once i was satisfied with the spacing. The text edit bar is at the top.

While holding the left mouse button, drag left and right to change the diameter of curvature for the text. Now select your text layer and click on curve. When the text edit bar is active at the top of the screen, various text edit properties become available.

With the icons along the bottom. Increase or decrease the size of the text by dragging it in or out. You will have access to any of your fonts that you have.

Tap the screen to add your text and begin typing. I chose a diameter of 10.793 but you can play with this setting to get the curve appropriate for. Next, i ungrouped the letters in the arch, and moved the letters on each side of the middle letter along the curve of the oval to keep the arch.