Circle Beats Q2 with 53% Revenue Growth as CRCL Stock Rises 5%
Circle Internet Financial, issuer of the USDC stablecoin, reported second-quarter revenue of $658 million, up 53% year-over-year and above analysts’ $644.7 million forecast. Strong USDC stablecoin adoption drove interest income from cash reserves and boosted subscription and service revenues. Following the GENIUS Act and a new crypto law signed by President Trump, institutional demand for USDC has accelerated, lifting CRCL stock by 5% to around $164. As of June 30, USDC circulation surged 90% YoY, and Circle projects a 40% annual growth rate. Despite a $482 million net loss due to IPO-related non-cash charges, Circle plans to launch Arc, a public blockchain for stablecoin transactions, this fall. CFO Jeremy Fox-Geen and CEO Jeremy Allaire highlight USDC’s expanding role in digital payments and cross-border remittances. Analysts view Circle as a key pillar of the US stablecoin market, and the firm remains cautious on large acquisitions. Traders may see this performance and growing stablecoin regulation as bullish signals for USDC and Circle’s CRCL stock.
Bullish
The strong Q2 report, with 53% revenue growth and 90% USDC circulation increase, highlights accelerating institutional demand under new regulatory support. CRCL’s 5% stock rise reflects investor confidence in Circle’s stablecoin infrastructure and the upcoming Arc blockchain. Similar to past periods when regulatory clarity and robust earnings lifted crypto-related stocks, this news is likely to boost short-term trading optimism and reinforce long-term adoption of USDC. The planned Arc launch and cautious acquisition strategy further underpin Circle’s sustainable growth prospects, making the outlook bullish for USDC and CRCL shares.