$CRCL 𝐂𝐢𝐫𝐜𝐥𝐞: 𝐔𝐒𝐃𝐂 𝐕𝐨𝐥𝐮𝐦𝐞 𝐒𝐮𝐫𝐠𝐞𝐬 𝟐𝟔𝟑%, 𝐀𝐝𝐣. 𝐄𝐁𝐈𝐓𝐃𝐀 𝐁𝐞𝐚𝐭𝐬 𝐀𝐬 𝐀𝐈 & 𝐒𝐭𝐚𝐛𝐥𝐞𝐜𝐨𝐢𝐧 𝐌𝐨𝐦𝐞𝐧𝐭𝐮𝐦 𝐀𝐜𝐜𝐞𝐥𝐞𝐫𝐚𝐭𝐞𝐬 📊 𝐑𝐞𝐬𝐮𝐥𝐭𝐬 • Revenue & reserve income: $694M (Est. $714.88M) ❌ • Adj. EBITDA: $151M • Net income: $55M (-15% YoY) • USDC in circulation: $77.0B (+28% YoY) • USDC onchain transaction volume: $21.5T (+263% YoY) • Revenue less distribution costs: $287M (+24% YoY) ⠀ 🎯 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞 • Reaffirmed multi-year USDC circulation CAGR target of 40% • FY2026 Other revenue: $150M–$170M • FY2026 RLDC margin: 38%–40% • FY2026 Adj. operating expenses: $570M–$585M ⠀ 📌 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬 • ARC token presale raised $222M at $3B FDV • Prediction and AI agent infrastructure becoming major strategic focus • USDC represented 63% of stablecoin transaction volume in Q1 • Base and agentic stablecoin transactions continued scaling rapidly • Meaningful USDC wallets grew 47% YoY to 7.2M • Operating expenses surged 76% YoY due to IPO-related compensation costs ⠀ 💬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐞𝐧𝐭𝐚𝐫𝐲 “With the ARC token presale, momentum behind the Arc network, and the launch of our Agent Stack, we are building trusted infrastructure for AI-native economic activity.”
