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Circle reported $694 million in total revenue and reserve income for the first quarter of 2026, up 20% from the same period last year.\u00a0<\/strong><\/p>\n \n Summary<\/span>\n <\/p>\n <\/p>\n USDC circulation reached $77 billion at the end of Q1, rising 28% year over year, according to Circle\u2019s Monday report.<\/p>\n The company also reported<\/a> $21.5 trillion in USDC on-chain transaction volume for the quarter, up 263% from a year earlier. Net income from continuing operations fell 15% to $55 million, while adjusted EBITDA rose 24% to $151 million.<\/p>\n Circle said it raised $222 million through an ARC token presale at a $3 billion fully diluted network valuation. The round included a16z crypto, Apollo Funds, ARK Invest, BlackRock, Bullish, General Catalyst, Intercontinental Exchange, SBI Group, and Standard Chartered Ventures.<\/p>\n <\/p>\n The company published the ARC token white paper on Monday. It said the token could support governance, security, and network operations on Arc, its planned Layer-1 blockchain for stablecoin payments and institutional finance.<\/p>\n Circle also announced new tools for what it calls the agent-led economy. The products include Circle CLI, Agent Wallets, and Agent Marketplace, which aim to support USDC-based payments across blockchains and payment systems.<\/p>\n CEO Jeremy Allaire said<\/a> Circle is building \u201ctrusted infrastructure for AI-native economic activity.\u201d That remains the company\u2019s framing, as adoption will depend on developers, merchants, and institutions using these tools at scale.<\/p>\n Meanwhile, recent coverage noted<\/a> that Circle plans to add quantum-resistant wallets and signatures to Arc when the network reaches mainnet in 2026. The feature will start as optional protection before wider upgrades across validators and infrastructure.<\/p>\n Circle has also been expanding USDC settlement tools. A recent report said<\/a> its USDC Bridge builds on CCTP and supports burn-and-mint transfers across chains, with more than $20 billion in monthly cross-chain USDC settlements already running through CCTP.<\/p>\n Circle\u2019s growth comes after its public listing push. Earlier coverage reported<\/a> that Circle filed to list on the New York Stock Exchange under the CRCL ticker, with an initial share price range of $24 to $26.<\/p>\n Stablecoin rules also remain central to the market. As previously reported<\/a>, stablecoins benefited from regulatory tailwinds after the GENIUS Act in the U.S. and MiCA in the European Union created clearer rules for issuers.<\/p>\n <\/p><\/div>\n\n\n\n
Circle links USDC to AI payments<\/strong><\/h2>\n
Stablecoin regulation remains part of the backdrop<\/strong><\/h2>\n