Circle financial report: Total revenue and reserve income grow by 64% to reach $2.7 billion

Odaily星球日报2026/02/25 11:45

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According to Odaily, US-listed company Circle has released its fiscal year 2025 performance report, which disclosed that the USDC circulation reached $75.3 billion by the end of 2025, representing a 72% increase; USDC on-chain transaction volume in the fourth quarter of 2025 was $11.9 trillion, up 247%; total revenue and reserve income for fiscal year 2025 amounted to $2.7 billion, an increase of 64%. Circle also stated that its net loss from continuing operations reached $70 million, mainly due to IPO-related equity incentive expenses of $424 million, while net profit from continuing operations for fiscal year 2024 was $157 million. In addition, Circle announced that the Circle Payments Network (CPN) has registered 55 financial institutions, with another 74 financial institutions undergoing qualification review; the Arc public testnet has been launched, attracting over 100 participants. (Businesswire)

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Duan Yongping has made it clear that he will not sell Nvidia and sold a large number of put options on the day the news was released. Nvidia may invite Jensen Huang to serve as an advisor, taking on a “shadow CEO” role to retain his influence, but he would no longer have signing authority. Whether this scenario materializes will likely only become clear after the hearing concludes.

华尔街见闻•2026/11/13 07:48