Circle Q1 Earnings: $21.5 Trillion USDC Volume Fails to Stop 15% Profit Drop as Investors Panic
Circle Internet Group (CRCL) reported a 263% surge in USD Coin (USDC) on-chain transaction quantity to $21.5 trillion in Q1 2026, whereas web earnings from persevering with operations fell 15% to $55 million. The drop in reported revenue largely displays post-IPO stock-based compensation and continued funding within the firm’s new Arc community and Agent Stack…
