WuBlockchain
Circle reported Q3 2026 revenue and reserve income of $865 million, up 17% year over year. Net income from continuing operations rose 5% to $226 million, and average USDC circulation increased 8% to $73.3 billion.
Why it matters
USDC growth alongside higher revenue puts stablecoin circulation at the center of Circle’s quarterly results. Other income included $182 million from the ARC token presale, and Circle said it completed the genesis mint of 10 billion ARC tokens.
Market impact
Circle signed a definitive agreement to acquire cross-border payments platform Tazapay. The deal is expected to close in 2027, subject to regulatory approval. The company also reduced its workforce by approximately 5% during the quarter, recording about $9.15 million in restructuring charges, primarily for severance, notice-period compensation, benefits and related costs.
Frequently asked questions
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How much did Circle’s revenue and reserve income rise in Q3 2026?
Circle reported $865 million in revenue and reserve income, up 17% year over year.
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How much did average USDC circulation grow?
Average USDC circulation reached $73.3 billion, an 8% increase year over year.
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What contributed to Circle’s other income?
Circle reported $182 million in other income from the ARC token presale and said it completed the genesis mint of 10 billion ARC tokens.
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What is the status of Circle’s planned Tazapay acquisition?
Circle signed a definitive agreement to acquire Tazapay. The transaction is expected to close in 2027, subject to regulatory approval.
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What workforce changes and restructuring charges did Circle report?
Circle reduced its workforce by approximately 5% during the quarter and recorded about $9.15 million in restructuring charges, primarily for employee-related costs.
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