Circle released its Q1 2026 financial report: revenue reached $694 million, and USDC on-chain transaction volume increased by 263% year-over-year.

According to Mars Finance, Circle released its financial results for the first quarter of fiscal year 2026. Data shows that as of the end of Q1, the circulating supply of USDC reached $77 billion, a year-on-year increase of 28%; the on-chain transaction volume of USDC in Q1 reached $21.5 trillion, a year-on-year increase of 263%. The financial report shows that Circle's total revenue and reserve income in Q1 were $694 million, a year-on-year increase of 20%; adjusted EBITDA was $151 million, a year-on-year increase of 24%; and net profit was $55 million, a year-on-year decrease of 15%. In addition, Circle disclosed that its ARC Token pre-sale raised $222 million, with a fully diluted valuation of $3 billion. Investors included a16z crypto, BlackRock, and ARK Invest. The company also announced the launch of its "Agent Stack" infrastructure for AI agent scenarios, including products such as Agent Wallets and Agent Marketplace, to support AI agent payments and commercial activities based on USDC.