Circle's Q2 revenue was $701 million, with USDC circulation increasing by 19% year-on-year to $73.3 billion BlockBeats News: On August 5th, Circle announced its Q2 2026 financial report. Data shows that as of the end of the second quarter, the circulation of USDC reached 73.3 billion US dollars, a year-on-year increase of 19%; The trading volume on the USDC chain reached $14.8 trillion in the current quarter, a year-on-year increase of 151%. The total revenue and reserve income of the company in the second quarter were 701 million US dollars, a year-on-year increase of 7%; Adjusted EBITDA was $143 million, a year-on-year increase of 8%; The net profit from continuing operations was $48 million, an increase of $530 million year-on-year. In terms of business, Circle announced that the Arc public chain will be launched on the mainnet on September 16th, with institutions such as BlackRock, DTCC, Galaxy, Mastercard, Visa, and Standard Chartered serving as network validators. BlackRock plans to deploy the BUIDL fund to Arc, and DTCC will support the tokenization of DTC custodial assets on Arc. In addition, Circle has received final approval from the Office of the Superintendent of the Currency (OCC) to establish the national trust bank Circle National Trust, becoming one of the first stablecoin issuers to obtain a federal banking license in the United States; Simultaneously approved by the New York State Department of Financial Services (NYDFS) to establish Circle New York Trust. The annualized transaction volume of Circle Payments Network (CPN) has increased to $14.7 billion in the past 30 days, a month on month growth of 76%, and the number of financial institutions connected has increased to 175, a month on month growth of 29%. [Original link]