Why did Circle Internet Group (NYSE:CRCL) revenue increase in the second quarter of 2026?

Circle Internet Group (NYSE:CRCL) revenue increased as average USDC circulation grew 25%, partly offset by a 66-basis-point decline in reserve returns. Total revenue and reserve income rose 7% to $701 million.

What were Circle Internet Group’s (NYSE:CRCL) second-quarter earnings?

Circle Internet Group (NYSE:CRCL) reported net income from continuing operations of $48 million, an improvement of $530 million from the previous year. Adjusted EBITDA increased 8% to $143 million.

How much USDC did Circle Internet Group (NYSE:CRCL) have in circulation?

Circle Internet Group (NYSE:CRCL) had $73.3 billion of USDC in circulation at quarter-end, up 19% year over year. USDC onchain transaction volume increased 151% to $14.8 trillion.

What does the Arc launch mean for Circle Internet Group (NYSE:CRCL)?

Circle Internet Group (NYSE:CRCL) plans to launch Arc’s public mainnet on September 16, 2026. Circle said the network will support programmable finance, privacy features and tokenized real-world assets.

How is Circle Internet Group (NYSE:CRCL) expanding its institutional business?

Circle Internet Group (NYSE:CRCL) is expanding through Circle Payments Network, banking partnerships and new trust companies. CPN reached $14.7 billion in annualised volume and enrolled 175 financial institutions by the end of the quarter.

Financial

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Circle posts strong 7% revenue growth

Written by Isaac FrancisPublished Aug 5, 2026, 10:30 AM

Circle’s second-quarter revenue and reserve income increased 7% to $701 million.
Net income reached $48 million, while Circle shares gained 5.0% in premarket trading.
Circle plans to launch the Arc public mainnet on September 16 with more than 100 institutional and ecosystem builders.

Circle Internet Group (NYSE:CRCL) reported second-quarter revenue and reserve income of $701 million, up 7%, as USDC activity expanded.

Revenue increased from $658.1 million, while USDC circulation rose 19% to $73.3 billion and transaction volume climbed 151%.

Net income reached $48 million, improving by $530 million, while adjusted EBITDA increased 8% to $143 million.

Circle said Arc will launch publicly on September 16.

Meanwhile, Circle Payments Network reached $14.7 billion in annualised transaction volume and enrolled 175 financial institutions by quarter-end.

The company received federal and New York trust approvals while expanding USDC services with BNY, Standard Chartered, Nium, JCB and other institutions.