Crypto
Circle's Revenue Jumps 7%, Arc Validators Assemble
Circle Internet Group's Q2 revenue reached $701 million, a 7% year-over-year increase. This brings Circle's net income from continuing operations to $48 million.
The company revealed its founding validator cohort for Arc, a layer-1 blockchain set to launch on September 16, 2026. The list includes prominent companies such as BlackRock, Mastercard, and Visa, among others.
USDC circulation hit $73.3 billion at the end of June 2026, while onchain transaction volume reached $14.8 trillion in Q2 alone, a 151% increase compared to last year's same period.