REPORT | Circle Says On-Chain YoY Transaction Volume Grew ~50% in Q3 2026

Circle Internet Group reported a 17% increase in third-quarter revenue and reserve income to $865 million, supported by a $182 million token presale, while disclosing a 5% workforce reduction as income from its USDC stablecoin reserves declined. The USDC issuer’s net income from continuing operations rose 5% year-on-year to $226 million for the quarter ended September 30 2026, while adjusted EBITDA increased 85% to $317 million, according to results. Revenue and reserve income increased from $740 million a year earlier, although the headline growth included $182 million from the private presale of ARC , the native token of Circle’s Arc…