Circle reports Q2 adjusted EBITDA of $143M (above estimate) and $701.3M in total revenue/reserve income, with USDC minting at $83B and market share at 27%.

DeFi & Yields · 2026-08-05

Circle reported Q2 adjusted EBITDA of $143 million, exceeding the estimate of $139.6 million, while total revenue and reserve income reached $701.3 million against an expected $712.3 million. USDC minting totaled $83 billion in the quarter, below the estimate of $88.82 billion, and the company's stablecoin market share stood at 27%.

Previously on Telem

Dinari launches tokenized S&P 500 stocks for U.S. investors 2026-08-04
DeFi shifts to real-world yields, tokenized RWAs reach $36.7B 2026-08-04
Ark Invest purchases $10M in Coinbase and Circle stock 2026-08-04
Morgan Stanley cuts Circle price target to $38 from $106 2026-08-03
Tether reports $1.5B Q2 profit, expands gold holdings to 146 tons 2026-08-02