Circle Sees Strong Q2 Growth as USDC Circulation Hits $73 Billion
Circle Internet Financial announced its second quarter 2026 results on August 5. The company's USDC stablecoin saw significant growth, reaching $73.3 billion in circulation at the end of the quarter, up 19% from last year.
The total revenue and reserve income for Q2 2026 was $701 million, a 7% increase from the same period in 2025. Net income from continuing operations was $48 million, a significant improvement from the previous year's net loss of -$482 million.
Circle has made significant strides in expanding its partnerships with major financial institutions, including BlackRock, BNY Mellon, and Standard Chartered. These companies are integrating USDC into their systems for various use cases such as tokenized asset settlement, digital asset custody, and stablecoin access.