The company Circle, issuer of the stablecoin $USDC , published its financial results for the second quarter of 2025, which was the first after going public.

As of the end of the quarter, there was $61.3 billion USDC in circulation, which is 90% more than a year ago. By August 10, the figure had increased by another 6.4% — to $65.2 billion.

In addition, total revenue and profits from reserves increased by 53% year-on-year to $658 million, while adjusted EBITDA rose by 52% year-on-year to $126 million.