Workflow
Digital Asset Issuance
icon
Search documents
Circle tops revenue expectations on strong stablecoin circulation, shares soar
Yahoo Finance· 2026-02-25 11:29
By Utkarsh Shetti Feb 25 (Reuters) - Circle surpassed Wall Street expectations for fourth-quarter revenue on Wednesday, as income from reserves got a boost from a rise ‌in circulation of its stablecoin token, sending its shares up nearly 30% ‌in afternoon trading. USDC, Circle's primary stablecoin, is seeing a surge in adoption as favorable regulations such as the ​GENIUS Act, which was signed into law by U.S. President Donald Trump last year, establish a federal framework for dollar-pegged stablecoins. ...