The stablecoin issuer said revenue and reserve income increased due to more stablecoins in circulation after its IPO and the passing of the GENIUS Act.

(NYSE: CRCL), the firm behind the USD Coin (USDC) stablecoin, released its first quarterly earnings as a public corporation, showing significant growth in Q2 2025. The amount of USDC in circulation grew by 90% from one year to the next,

Stablecoin giant Circle surpassed expectations for second-quarter revenue in its maiden quarterly results since going public, sending its shares up 5% on Tuesday.