Bullish
Circle Q2 Revenue Up 7% to $701M; USDC Supply Surges 19% to $73.3B
2026-08-05 19:06
Circle posts $701M Q2 revenue and $73.3B USDC supply. OCC approves federal trust bank license. Arc mainnet launches Sept 16 with BlackRock, DTCC, Visa as founding nodes.
Woofun AI reports that Circle Internet Group recorded $701 million in Q2 2026 revenue, a 7% year-on-year increase, alongside $143 million in adjusted EBITDA. USDC circulation expanded by 19% to $73.3 billion, while quarterly on-chain transaction volume jumped 151% to $14.8 trillion. The company secured OCC approval to establish Circle National Trust, becoming one of the first stablecoin issuers with a federal banking license.
The Arc public blockchain is scheduled to launch its mainnet on September 16, featuring BlackRock, DTCC, Visa, Mastercard, and Standard Chartered as founding third-party verification nodes. BlackRock intends to deploy the BUIDL fund on Arc, while DTCC will facilitate the tokenization of DTC custodial assets.
Additionally, the Circle Payment Network processed $14.7 billion in annualized volume over the past 30 days, and the Agent Stack now supports over 900 paid services.
WOOFUN AI
Impact Assessment · Quick Read
The expansion of USDC supply and transaction volume indicates growing institutional adoption of stablecoins for settlement. Securing a federal trust bank license positions Circle within the traditional banking regulatory framework, potentially reducing compliance friction for enterprise clients. The involvement of major financial institutions like BlackRock and DTCC in the Arc blockchain suggests a strategic push toward integrating tokenized real-world assets with public ledger infrastructure.
Generated by WOOFUN AI · For reference only, not investment advice
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