Circle’s Q4 Revenue Skyrockets 77% as USDC Supply Nears $75 Billion

Stablecoin issuer Circle reported sharp growth in USDC circulation and transaction activity in the fourth quarter of 2025, as revenue and operating profitability surged year-over-year. USDC in circulation reached $75.3 billion at year-end, which is a 72% rise from a year earlier, while on-chain transaction volume climbed 247% to $11.9 trillion in Q4 alone. Circle Revenue Climbs The company posted $770 million in tota…