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Circle's Q3 beat driven by ARC presale as USDC circulation comes under pressure

NewsFeeds update

Circle reported third-quarter revenue and earnings per share above expectations, helped by one-off income from the ARC token presale on its Arc chain, and disclosed cutting about 5% of staff; shares closed at $76.12, valuing it near $20bn.

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The story so far: Circle Q3 2026 results

Circle posted third-quarter revenue and reserve income of $865m, up 17% year on year, with net profit from continuing operations of $226m and USDC onchain volume up 49%. It has agreed to buy Singapore's Tazapay. Circle's Q3 revenue and EPS beat expectations, helped by one-off ARC token presale income, and it cut…

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  1. Circle's Q3 beat driven by ARC presale as USDC circulation comes under pressure

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