Circle’s $182M ARC Token Sale Drives Q3 Growth While USDC Onchain Volume Hits $13.9T

The results of Circle in the third quarter indicate that the business is becoming less reliant on reserve income. The stablecoin issuer reported being confident with the top line and the bottom line as the ARC token presale boosted revenues and USDC further onchained. Circle reports total revenue and a reserve income of $865 million in Q3 2026, compared to 17% growth a year ago. Much of that increase was attributable to other revenues, which rose an impressive 627% to $207 million. One of the figures allocated to the ARC token presale is $182 million.