Circle Records Financial Boom Driven by USDC Adoption

Circle’s Q3 2025 earnings report reveals a surge in revenue fueled by USDC adoption, signaling substantial growth across DeFi, enterprise, and tokenized markets. The company saw a staggering 66% year-over-year increase in total revenue, reaching $740 million. CEO Jeremy Allaire spearheaded this success with Circle’s stablecoin, USDC, witnessing record circulation of $73.7 billion during the quarter. This contributed to higher subscription and transaction volumes, ultimately driving the significant financial growth.