Circle (CRCL) Jumps Nearly 6% Pre-Market After Q2 Earnings
AI Market Summary
Circle shares rose in premarket after Q2 results showed continued USDC growth (circulating supply up 19% YoY to $73.3B) and higher revenue/reserve income, supporting profitability with adjusted EBITDA up 8% YoY. The announced Arc mainnet launch and approval for a U.S. federal trust bank charter strengthen the firm's regulatory positioning and product roadmap, potentially improving near-term investor confidence in its payments and stablecoin ecosystem.
Impact level
● Medium
Affected assets
NCSKCRCL2USD/USDT+4.50%
AI Insight · NCSKCRCL2USD/USDTAI Insight
▲ Bullish
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Circle (CRCL) climbed close to 6% in pre-market trading after releasing its Q2 2026 results, changing hands at $66.97, according to market data.
In the earnings report, the company said USDC's circulating supply reached $73.3 billion at the end of the second quarter, up 19% year over year. Total revenue and reserve income for the quarter came in at $701 million, a 7% increase from a year earlier. Adjusted EBITDA rose 8% year over year to $143 million.
Circle also said the Arc mainnet is slated to launch on September 16 and that it has received approval for a U.S. federal trust bank charter.