Circle’s First Public Earnings Send Shares Soaring 11% on USDC
0Circle
USDC Stablecoin
Circle stock jumps 11% pre-market after first public earnings show USDC at $61.3B with 90% growth despite $482M net loss from IPO charges.
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Anas Hassan
Crypto Journalist
Anas Hassan
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Anas is a crypto native journalist and SEO writer with over five years of writing experience covering blockchain, crypto, DeFi, and emerging tech.
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Circle Internet Group shares surged 11% in pre-market trading on Tuesday following the stablecoin issuer’s first quarterly earnings report as a public company.
The company reported total revenue and reserve income of $658 million, up 53% from the previous year, while posting a net loss of $482 million, primarily due to $591 million in non-cash charges from its June IPO.
USDC supply expanded further to $65.2 billion as of August 10, 2025, representing an additional 6.4% growth since quarter-end and cementing the stablecoin’s 28% market share position.
Circle completed its $1.2 billion initial public offering in June, selling 19.9 million shares at $31 each and generating $583 million in net proceeds after fees.
Strong Operational Metrics Drive Growth Despite IPO-Related Charges.
Circle’s underlying business showed robust fundamentals with meaningful wallet addresses growing 68% year-over-year to 5.7 million users across the USDC ecosystem.
Reserve income, the company’s primary...
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