Circle announced its Q1 2026 results: revenue of $694 million, and USDC circulation of $77 billion.

CoinFeed reported on May 11 that Circle announced its Q1 2026 results: total revenue and reserve income reached $694 million, a 20% year-over-year increase; USDC circulation reached $77 billion, a 28% year-over-year increase; USDC on-chain transaction volume reached $21.5 trillion, a 263% year-over-year increase. In addition, Circle Payments Network (CPN) annualized transaction volume reached $8.3 billion, a 17% quarter-over-quarter increase; the Arc platform has accumulated 244.1 million transactions since its testnet launch in October 2025. Circle stated that it is building programmable internet financial infrastructure around the digital dollar, global payments, and the Agentic Economy.