Circle Internet Group, Inc. reported second quarter 2026 financial results with total revenue and reserve income of $701 million, a 7% year-over-year increase. Net income from continuing operations was $48 million, an improvement driven by lower stock-based compensation expenses following its IPO. Adjusted EBITDA grew 8% to $143 million. USDC in circulation reached $73.3 billion at quarter-end, up 19% year-over-year, while onchain transaction volume surged 151% to $14.8 trillion. The company received final approval from the U.S. Office of the Comptroller of the Currency to establish Circle National Trust, a federal bank charter for digital asset custody. Additionally, Arc announced its public mainnet launch scheduled for September 16, 2026, with validators including BlackRock and Visa. Circle operates in the financial technology industry, issuing USDC stablecoins and providing blockchain infrastructure.
