USDC Don Skyrocket Reach $65B Wit GENIUS Act And Arc Launch
Circle don report strong performance for Q2 2025. USDC buff up 90% year-on-year to $61.3 billion by June 30 and reach $65.2 billion by August 10. Revenue and reserve money grow 53% to $658 million, while adjusted EBITDA climb 52% to $126 million. Net loss increase to $482 million, because of $591 million non-cash IPO expense.
The launch of Circle Payments Network don onboard over 100 institutions, make cross-border payments better. Circle also bring out Arc, layer-1 blockchain wey dey use USDC as im native gas token. Partnerships with Binance, OKX, FIS and Fiserv make Circle market position strong.
Active USDC wallets with more than $10 increase by 68% to 5.7 million. On-chain USDC transaction volume rise to $5.9 trillion, 5.4 times more than last year. As second biggest stablecoin, USDC enjoy US GENIUS Act, wey mandate backing with cash or short-term government securities, boost institutional confidence.
For the future, Circle dey plan to expand market share and push real-world use of Arc and the Payments Network.
Bullish
Dis news dey highlight strong demand for USDC plus solid Q2 result wey dem get, clear for 90% growth for supply, rising revenue and EBITDA, plus say dem don expand institutional partnerships. Regulatory clarity from GENIUS Act reduce counterparty risk, e dey boost confidence among financial people dem. For short term, positive sentiment plus higher on-chain volume go make USDC trading activity and liquidity better. For long term, rollout of Arc and Circle Payments Network go make USDC useful pass for DeFi and cross-border payments, e go reinforce better future for USDC.