Circle Q1 Revenue Rises as USDC Transaction Volume Jumps 263%
The post Circle Q1 Revenue Rises as USDC Transaction Volume Jumps 263% appeared on BitcoinEthereumNews.com. Key Takeaways Circle revenue rose 20% as USDC transaction volume jumped 263% year over year. Reserve income reached $653 million, supported by higher average USDC circulation. Arc-related activity, AI tools, and payments integrations could shape future revenue streams. USDC Growth Drives Circle Revenue and Reserve Income Circle Internet Group Inc. (NYSE: CRCL) announced on May 11 its first-quarter 2026 results, led by higher revenue and a sharp rise in USDC activity. Total revenue and reserve income reached $694 million, up 20% year over year. USDC onchain transaction volume jumped 263% year over year to $21.5 trillion, while USDC in circulation rose 28% to $77 billion at quarter end. Quarterly performance reflected growth across Circle’s reserve income, network activity, and payments infrastructure. Reserve income totaled $653 million, supported by higher average USDC circulatio