Circle Q1 Revenue Rises 20%, Raises $222M for Arc Blockchain at $3B ValuationCircle reported Q1 2026 revenue and reserve income of $694 million, up 20% year-over-year, while USDC circulation reached $77 billion and on-chain transaction volume surged 263% to $21.5 trillion.The company also announced a $222 million ARC token presale at a $3 billion fully diluted valuation, led by a16z crypto with participation from BlackRock, Apollo, ICE, SBI Group and others. Circle said Arc will serve as institutional block ...