Circle posts $865M Q3 revenue as on-chain volume hits $13.9T
CIE News ·
Confirmed by 2 independent news outlets.
Circle posted $865 million in Q3 2026 revenue and reserve income, up 17% year-over-year, alongside $317 million in adjusted EBITDA and $13.9 trillion in on-chain volume.
Circle reported $865 million in revenue and reserve income for the third quarter of 2026 on November 4, marking a 17% increase compared to the same period last year. The stablecoin issuer posted $317 million in adjusted EBITDA, while on-chain transaction volume rose 49% year-over-year to reach $13.9 trillion.
The disclosures precede the United States GENIUS Act mandate scheduled to take effect in January 2027. The financial results follow a second quarter in which Circle retained $288.845 million of revenue and reserve income before operating expenses, with distribution, transaction, and other costs consuming roughly 59% of the total, according to crypto.news.
In the preceding second quarter, Circle held about $73.2 billion in cash and cash equivalents segregated for stablecoin holders, crypto.news reported. Reserve income is generated primarily through interest and dividends on assets supporting its stablecoins rather than through transfer fees.
Key facts
- $865M Q3 revenue
- $317M adjusted EBITDA
- $13.9T on-chain volume
- GENIUS Act mandate Jan 2027
Read the original at Investing.com