Circle Announces USDC Growth and Arc Launch
Fintech giant Circle reveals USDC performance and new blockchain network Arc.
1Circle's Q2 Financial Results
Circle announced its financial results for the second quarter of 2026. The company's total revenue and reserve profits reached $701 million, marking a 7% annual increase. Net profit was recorded at $48 million. These results highlight Circle's strong financial performance.
2USDC's Growth
USDC reached a circulation volume of $73.3 billion in the second quarter. On-chain transaction volume grew by 151% year-over-year to $14.8 trillion. USDC holds a 27% market share among stablecoins and accounted for 70% of stablecoin transactions, according to Visa Onchain Analytics.
3Launch of Arc Blockchain Network
Circle announced the mainnet launch of its new blockchain network, Arc, on September 16, 2026. Arc is designed for institutional and programmable finance. BlackRock, Visa, Mastercard, and other major financial institutions will be among Arc's first validators.
4Arc's Ecosystem
Over 100 institutional and ecosystem developers are currently active in the Arc ecosystem. BlackRock plans to launch the BUIDL fund on Arc. DTCC is working on tokenizing assets held in Depository Trust Company. BNY and Standard Chartered are testing integrations for tokenized assets.
5Circle's Role in the US Banking System
Circle received approval from the OCC to establish Circle National Trust. This allows Circle to offer federally regulated digital asset storage services. Additionally, Circle obtained approval from the New York State Department of Financial Services to establish Circle New York Trust.
6Growth of Circle Payments Network
Circle Payments Network achieved an annual transaction volume of $14.7 billion, representing a 76% quarter-over-quarter increase. The network now includes 175 financial institutions. This growth underscores Circle's strength in payment infrastructure.
7USDC's Global Expansion
USDC gained institutional access in Argentina through Grupo Bind. In Japan, Circle partnered with JCB for international payments. In South Korea, integration with Kakao Group's payment infrastructure is being explored. Additionally, USDC is used as collateral for regulated derivatives through Marex.
8Circle's Future Plans
Circle raised its 2026 service and infrastructure revenue forecast from $150-170 million to $310-330 million. The company is focusing on new products, institutional integrations, and infrastructure for AI agents. Circle also acquired 1,000 patents from IBM in blockchain, fintech, and digital infrastructure.
Original article: INCRYPTED — Circle, USDC'nin Büyümesini ve Arc'ın Lansmanını Duyurdu