Circle's second-quarter revenue was $701 million, and USDC circulation increased 19% year over year to $73.3 billion

In comparison, Circle announced financial results for the second quarter of 2026. According to the data, by the end of the second quarter, USDC's circulation reached 73.3 billion US dollars, up 19% year on year; USDC's on-chain transaction volume reached 14.8 trillion US dollars during the quarter, up 151% year on year. The company's total revenue and reserve revenue for the second quarter was US$701 million, up 7% year on year; adjusted EBITDA was US$143 million, up 8% year on year; net profit from continuing operations was US$48 million, up US$530 million year over year.

On the business side, Circle announced that the Arc public chain will launch on the main network on September 16, and institutions such as BlackRock, DTCC, Galaxy, Mastercard, Visa, and Standard Chartered will act as network validators. BlackRock plans to deploy BUIDL funds to Arc, and DTCC will enable DTC custodial assets to be tokenized on Arc.

Furthermore, Circle has received final approval from the US Monetary Supervisory Service (OCC) to establish Circle National Trust, a national trust bank, and became one of the first stablecoin issuers to obtain a license from the US Federal Bank of America; at the same time, it was approved by the New York State Department of Financial Services (NYDFS) to establish the Circle New York Trust. Circle Payments Network (CPN) increased its annualized transaction volume to $14.7 billion over the past 30 days, up 76% month-on-month, and the number of connected financial institutions increased to 175, up 29% month-on-month.

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