《What Exactly is Circle's 'Other Revenue'? From New Connection Fees, USYC, CCTP to Arc—Understanding CRCL's Second Growth Curve》 (Author: @lufeieth) Circle's 'Other Revenue' falls into three categories: subscriptions/services, transactions, and others. The first two grow alongside blockchain connections, infrastructure, and tokenized asset expansion, while the latter includes non-recurring income. For the full year of 2025, it's estimated at approximately $109.8 million, with $41.63 million and $33.58 million for Q1/Q2 of 2026, respectively, accounting for 4.8%–6.0% of total revenue. Management emphasizes that revenue experiences periodic fluctuations, and the Arc presale significantly impacts guidance. Looking ahead, attention should be paid to the proportion of recurring revenue, deferred income, payment methods, and the actual sustainability of new ventures like Arc. Read the full article: https://www.(wublock123.com)/articles/article-59338