Circle’s Q3 Report Reveals $73.7B USDC Circulation

Circle Internet Group, Inc. (NYSE: CRCL) reported Q3 2025 with USDC circulation at $73.7 billion, a 108% increase year-over-year, along with launching the Arc public testnet.

The financial milestones underline Circle’s expanding influence in the crypto space, bolstering its market position and attracting interest in its Arc network from over 100 firms.

USDC Circulation Surges 108% to $73.7 Billion

Circle’s release of its Q3 2025 financial report marks a significant milestone, highlighting the USDC circulation reaching $73.7 billion, a notable 108% increase from the previous year. The company’s financial health reflects strong performance with a total revenue of $740 million and a net profit of $214 million.

The Arc public testnet launch aims to revolutionize on-chain financial workflows, attracting participation from over 100 technology and financial companies. This initiative could potentially reshape digital financial architecture and broaden its application horizons.

“Arc is an economic OS for the internet. Core financial workflows are moving on chain and need predictable costs and performance. The demand from emerging markets for USDC is very significant, especially where digital dollars enable value to move quickly across trading partners.” – CoinDesk

Arc Testnet Launch and Strategic Expansion

Did you know? Circle’s expansion strategy through Arc aligns with historical milestones like the GENIUS Act, which fueled stablecoin adoption. This strategic growth trajectory could position Circle at the forefront of blockchain innovations.

According to CoinMarketCap, USDC maintains a stable price of $1.00, with a market cap nearing $76 billion. Despite recent trading volumes declining by 12.54% in 24 hours, its market dominance currently stands at 2.16%.

Insights from Coincu emphasize the Arc network’s potential to accelerate the integration of blockchain in financial services. Historical trends and technological advancements suggest substantial impact both within the crypto space and the broader financial ecosystem.