Circle beats Q4 earnings estimates as USDC supply jumps 72%; shares surge 20%

CoinTelegraph

by Sam Bourgi

February 25, 2026

AI-Generated Deep Dive Summary

Circle Internet Group exceeded expectations with its fourth-quarter earnings, driven by a 72% year-on-year surge in USDC circulation, which reached $75.3 billion by the end of 2025. The company reported $770 million in revenue for the quarter, up 77% from the previous year, and net income of $133.4 million, or 43 cents per share—well above analyst forecasts of 16 cents per share on $747 million in revenue. This strong performance highlights Circle’s ability to thrive despite challenges in the broader crypto market. The growth was fueled by increasing demand for USDC, a dollar-pegged stablecoin widely used in cryptocurrency transactions for its stability and reliability. The rise in USDC circulation underscores the growing importance of stablecoins within the crypto ecosystem, which provide a bridge between traditional finance and decentralized systems. Circle’s expansion into payments operations also contributed to its success, further diversifying its revenue streams. Circle’s full-year 2025 performance reflected consistent growth, with revenue rising 64% compared to the previous year. This growth rate highlights the company’s ability to capitalize on the increasing adoption of stablecoins and digital payment solutions. As the crypto market continues to evolve, Circle’s resilience and adaptability position it as a key player in the industry. For readers interested in crypto, Circle’s results demonstrate the potential for stability and growth within the sector, even during challenging times. The surge in USDC circulation signals a shift toward more mainstream adoption of blockchain technology, with stablecoins playing a pivotal role in bridging traditional finance and decentralized systems. This story also underscores the importance of diversification and innovation for crypto companies aiming to sustain growth. Overall, Circle’s fourth-quarter earnings report highlights the company’s ability to leverage market trends and adapt to the evolving landscape of cryptocurrency and blockchain technology. As USDC continues to gain traction and Circle expands its operations, the company remains a key indicator of the broader crypto market’s health and potential for

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Originally published on CoinTelegraph on 2/25/2026