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Closed: Nov 6, 16:00:00 (EDT)Circle reports $865M Q3 revenue – Can USDC challenge Tether’s dominance?
Amb Crypto·- Circle Internet Group reported $865 million in total Q3 2026 revenue, driven by increased USDC adoption, strategic partnerships, and $182 million from the ARC token presale. - The company experienced an 8% decline in reserve income to $658 million due to a lower reserve return rate of 3.5%, while facing continued dominance from Tether's USDT in transaction volume. - Circle also expanded its global ecosystem through the acquisition of Tazapay and major collaborations with Binance, Visa, and Samsung, alongside being designated as a major e-money token under the EU's MiCA framework.