Circle Financial Report: Q2 Revenue of $701 million, USDC Circulation Increases by 19% Year-on-Year to $73.3 billion

August 5th, Circle announced its Q2 2026 financial report. The data shows that as of the end of the second quarter, the circulating supply of USDC reached $73.3 billion, a year-on-year increase of 19%; the on-chain USDC transaction volume in the quarter reached $14.8 trillion, a year-on-year increase of 151%. The company's total revenue and reserve income in the second quarter were $701 million, a 7% year-on-year increase; adjusted EBITDA was $143 million, an 8% year-on-year increase; and the net profit from continuing operations was $48 million, a $530 million year-on-year increase.

On the business front, Circle announced that the Arc public chain will launch its mainnet on September 16th, with institutions such as BlackRock, DTCC, Galaxy, Mastercard, Visa, and Standard Chartered serving as network validators. BlackRock plans to deploy the BUIDL Foundation to Arc, and DTCC will support DTC custodied assets to be tokenized on Arc.

In addition, Circle has received final approval from the Office of the Comptroller of the Currency (OCC) to establish the nationally chartered Circle National Trust, becoming one of the first stablecoin issuers to receive a U.S. federal bank charter; and has also received approval from the New York Department of Financial Services (NYDFS) to establish Circle New York Trust. The Circle Payments Network (CPN) has seen its transaction volume in the past 30 days increase to $14.7 billion on an annualized basis, a 76% increase month-over-month, with the number of integrated financial institutions reaching 175, a 29% increase month-over-month.