Circle Q2 2026: USDC growth, profit beat, Arc launch
6.6 Investments Circle’s Q2 2026: $701M revenue, $143M EBITDA, USDC up 19%. Shares rose on profit beat. Arc blockchain launches Sept. 16 with BlackRock, DTCC, Mastercard, and Visa as validators.
Circle delivered robust Q2 2026 results, reporting total revenue and reserve income of $701 million, a 7% year-over-year increase. Net income reached $48 million, marking a turnaround from last year’s loss, while adjusted EBITDA climbed 8% to $143 million. USDC circulation grew 19% to $73.3 billion, and onchain transaction volume soared 151% to $14.8 trillion. The company’s stablecoin market share stood at 27%, with active wallets rising 24% to 7 million. Despite narrowly missing revenue estimates, Circle’s shares jumped up to 10% in premarket trading, driven by a profit beat. The company raised its full-year income guidance and RLDC margin outlook, signaling confidence in ongoing growth. Regulatory progress included approvals for Circle National Trust and Circle New York Trust. Looking ahead, the Arc blockchain mainnet will launch on September 16, with major institutions like BlackRock, DTCC, Mastercard, and Visa as validators. BlackRock will deploy the BUIDL fund on Arc, while DTCC plans to tokenize custodial assets on the network.
