Circle Q2 revenue falls short of Wall Street estimates
Aug 05 2026 11:48 UTC - Zoltan Vardai
Stablecoin issuer Circle reported $701 million in Q2 revenue, narrowly missing Wall Street estimates of about $713 million.
➤ Circle reported Q2 revenue of $701 million, slightly missing Wall Street estimates, despite a 7% year-over-year increase and a significant rise in net income.
➤ The company highlighted strong performance in reserve income driven by increased USDC circulation and announced the upcoming mainnet launch of its Arc blockchain with a robust founding validator cohort.
➤ Despite a general slump in the stablecoin market, USDC continues to dominate on-chain settlement volume, though its supply growth has stalled.
Read more at: https://rwatimes.io/articles/cointelegraph-circle-q-2-revenue-falls-short-of-wall-street-estimates-1359290839?utm_source=binance
Aug 05 2026 11:48 UTC - Zoltan Vardai
Stablecoin issuer Circle reported $701 million in Q2 revenue, narrowly missing Wall Street estimates of about $713 million.
➤ Circle reported Q2 revenue of $701 million, slightly missing Wall Street estimates, despite a 7% year-over-year increase and a significant rise in net income.
➤ The company highlighted strong performance in reserve income driven by increased USDC circulation and announced the upcoming mainnet launch of its Arc blockchain with a robust founding validator cohort.
➤ Despite a general slump in the stablecoin market, USDC continues to dominate on-chain settlement volume, though its supply growth has stalled.
Read more at: https://rwatimes.io/articles/cointelegraph-circle-q-2-revenue-falls-short-of-wall-street-estimates-1359290839?utm_source=binance