According to market data, Circle (CRCL) surged nearly 6% in pre-market trading following the release of its Q2 2026 earnings report, trading at $66.97.
The financial report shows that, as of the end of the second quarter, the circulating supply of USDC reached $73.3 billion, a 19% year-over-year increase;
Total revenue and reserve income for the quarter amounted to $701 million, a 7% year-over-year increase, with adjusted EBITDA of $143 million, an 8% year-over-year increase.
Circle also announced that the Arc mainnet will launch on September 16 and has received approval for a U.S. federal trust bank charter.
