US EditionCircle Unveils Layer-1 Blockchain Arc, Reports $428 Million Q2 Loss
Circle’s Q2 2025 net loss of $482 million was driven by $591 million in IPO-related non-cash charges amid 90% USDC growth and launch plans for Arc blockchain.
- On Tuesday, Circle Internet Group reported a net loss of $482 million in the second quarter of 2025 despite revenue and reserve income rising 53% to $658 million.
- Following its June IPO, the company reported a net loss of $482 million, including $591 million in non-cash charges such as $424 million in stock-based compensation and $167 million in debt valuation.
- The company reported adjusted EBITDA grew 52% to $126 million, with USDC circulation reaching $65.2 billion by August 10, 2025.
- Following the earnings release, Circle's stock rose 6.5% to $172.01 in pre-market trading.
- This fall, Circle plans to launch a public testnet for Arc aimed at reducing reliance on third-party networks for USDC.
15 Articles
15 Articles
How Stablecoins Are Squaring the Circle a Month After GENIUS Act’s Passage
Circle rounded out its first quarter as a publicly traded company with a $482 million loss, but its shares were still 50% higher yesterday than their hyped June debut as investors bank on a bull market for stablecoins. The crypto company mainly makes revenue, which rose 53%, from returns on reserves of the stablecoin it issues, USD Coin. USDC is the second-largest stablecoin by market cap behind Tether, whose issuing company has remained private…
Circle posts $482M loss, Trump’s WLF inks $1.5 billion deal
Circle saw its revenue jump 53% to $658 million but still reported a $482M loss from IPO costs, while ALT5 Sigma eyes $1.5B through a major share sale. The post Circle posts $482M loss, Trump’s WLF inks $1.5 billion deal appeared first on CoinGeek.
USDC’s Circle Showcases Post-IPO Strength, Building Its Own Blockchain and Payment Networks
Circle’s first earnings report since its June IPO was more than a set of quarterly numbers — it was a signal that the company’s stablecoin strategy is working at scale.The most striking figure wasn’t on the income statement, but on-chain: the amount of USDC in circulation has nearly doubled year-over-year, reaching $61.3 billion by the end of June and rising further to $65.2 billion by August 10.While still far from Tether’s USDT market cap of $…
Circle Unveils Arc Blockchain As USDC Circulation Surges Past $65 Billion
Circle launches Arc, a new blockchain built for enterprise stablecoin use. USDC circulation jumps 90% year-over-year, hitting $65.2B in August. Strong revenue growth comes despite IPO-related losses. Circle has introduced Arc, an open Layer-1 blockchain aimed at handling large-scale payments, foreign exchange, and capital markets transactions. Built to work with the Ethereum Virtual Machine, Arc uses USDC as its native gas token. The network is …
Latest Circle to launch Arc, a layer 1 blockchain for stablecoin finance in Cryptocurrency - Doulitsa Press Release Submission
Home » Ecosystem » Circle to launch Arc, a layer 1 blockchain for stablecoin finance Powered by Gloria | Edited by Aug. 12, 2025 Arc is engineered for high-performance, EVM-compatible settlement in regulated financial environments, featuring deterministic sub-second settlement, opt-in privacy, and a permissioned Proof-of-Authority validation system. Photo: Kevin Rodriguez Key Takeaways Circle is launching Arc, a layer 1 blockchain focused on sta…
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