Circle Sees USDC Circulation Surge as Arc Mainnet Launch Looms
Circle's USDC stablecoin has seen significant growth in circulation, with $73.3 billion in transactions for Q2 2026, a 19% increase from the same period last year.
The total onchain transaction volume reached $14.8 trillion, up 151% from Q2 2025.
Circle also reported revenue and reserve income of $701 million, a 7% increase from the prior year, with adjusted EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) of $143 million, an 8% rise from Q2 2025.
The company has announced that over 100 ecosystem and institutional builders are participating in the Arc ecosystem ahead of its public rollout. The mainnet launch for Arc is scheduled for September 16, with support for privacy, programmable finance, and tokenized RWAs (Right-to-Work Arrangements).