TechFlow News, May 11: According to Circle’s official announcement, Circle (NYSE: CRCL) released its Q1 2026 financial results. Total revenue and reserve income amounted to $694 million, up 20% year-on-year; adjusted EBITDA reached $151 million, up 24% year-on-year; and net income stood at $55 million, down 15% year-on-year—primarily weighed down by increased share-based compensation expenses following the IPO. USDC’s quarter-end circulating supply reached $77 billion, up 28% year-on-year; on-chain transaction volume hit $21.5 trillion, surging 263% year-on-year, accounting for 63% of the stablecoin market’s total transaction volume.
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