Circle Q2 2026 revenue reaches $70.1M, USDC circulation grows 19% to $73.3B

Huoxing Finance reports that on August 5, Circle released its second-quarter 2026 financial results. Data shows that as of the end of the second quarter, USDC’s circulating supply reached $73.3 billion, a 19% year-over-year increase; USDC on-chain transaction volume for the quarter reached $14.8 trillion, up 151% year-over-year. The company’s total revenue and reserve income for the second quarter amounted to $701 million, a 7% year-over-year increase; adjusted EBITDA was $143 million, up 8% year-over-year; net income from continuing operations was $48 million, an increase of $530 million year-over-year. On the business front, Circle announced that the Arc blockchain will launch its mainnet on September 16, with institutions including BlackRock, DTCC, Galaxy, Mastercard, Visa, and Standard Chartered serving as network validators. BlackRock plans to deploy its BUIDL fund onto Arc, while DTCC will support the tokenization of DTC-held assets on Arc. Additionally, Circle has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Circle National Trust, becoming one of the first stablecoin issuers to obtain a federal banking charter in the United States; it has also received approval from the New York State Department of Financial Services (NYDFS) to establish Circle New York Trust. Circle Payments Network (CPN) has seen its annualized transaction volume over the past 30 days rise to $14.7 billion, a 76% quarter-over-quarter increase, with the number of integrated financial institutions growing to 175, up 29% quarter-over-quarter.