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Circle Q3 Earnings Report: Exploring Issuance of Native Token on Arc Network, USDC Quarter-end Circulating Supply Reaches $73.7 Billion

2025.11.12 19:32:27

On November 12th, the issuer of USDC, Circle, released its third-quarter financial report. It was mentioned that Circle is actively exploring the issuance of a native token on the Arc network. The Circle Payments Network has onboarded 29 financial institutions and has established partnerships with Brex, Deutsche Boerse, Finastra, Fireblocks, Kraken, Itaú, and Visa, among others. The company has raised its 2025 "Other Revenue" and RLDC margin guidance and expects USDC to have a long-term compound annual growth rate of approximately 40%. In the third quarter, the end-of-quarter circulation of USDC was $73.7 billion, showing a year-on-year increase of 108%. The total revenue, including reserve interest, reached $740 million, with a year-on-year increase of 66%. The net profit was $214 million, experiencing a year-on-year increase of 202%.
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