Circle Sees 7% Revenue Growth as USDC Circulation Surpasses $73B

Circle, a leading platform for stablecoins and blockchain-driven financial services, has announced its Q2 2026 results. The company's cumulative reserve income and revenue reached $701 million, marking a 7% year-over-year increase. This growth is attributed to the expanding use of Circle's stablecoin network, with the circulation of $USDC reaching $73.3 billion, representing a 19% yearly rise.

The platform has also seen significant activity in its transfer volumes, with $USDC's on-chain transfers reaching $14.8 trillion, a 151% growth from the same time last year. Additionally, Circle Payments Network (CPN) reached an annualized transfer volume of up to $14.7 billion, underscoring the increasing adoption of blockchain-driven settlement and payment services.

Circle has also announced its plans for the launch of Arc Mainnet on September 16, which will feature a team of key founding validators, including Visa, Sumitomo Corporation, and BlackRock. The platform has received a federal trust bank charter from the Office of the Comptroller of the Currency (OCC) to develop Circle National Trust.