Circle Financial Report: Total Revenue and Reserve Income Increase by 64% to $2.7 Billion

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Odaily Planet Daily reports that U.S. publicly traded company Circle has released its FY2025 earnings report, revealing that the USDC circulation reached $75.3 billion by the end of 2025, a 72% increase; USDC on-chain trading volume in Q4 2025 was $11.9 trillion, a 247% increase; total revenue and reserve income for FY2025 amounted to $2.7 billion, a 64% increase. Circle also stated that its net loss from ongoing operations reached $70 million, mainly due to $424 million in stock-based compensation related to its IPO, while FY2024 net profit from ongoing operations was $157 million. Additionally, Circle announced that Circle Payments Network (CPN) has 55 financial institutions registered, with another 74 undergoing qualification review; the Arc public testnet is live, attracting over 100 participants. (Businesswire)

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