By establishing universal protocols for communication and information, the internet completely transformed our world. Now, we are entering a new chapter focused on creating comparable frameworks for money and identity. Hear from @jerallaire as he details the ways in which artificial intelligence and blockchain based financial infrastructure are speeding up the demand for internet native identity systems.
The growing acceptance of euro-denominated stablecoins means their onchain presence is now engaging a much wider variety of applications and an expanding user base. Illustrating this upward trend, the wallet share for EURC multiplied by more than 6x between January 2025 and March 2026.
The increasing influence of tokenized real-world assets within capital markets is directly demonstrated by the upward trajectory of USYC. Furthermore, the tokenized money market fund introduced by Circle is quickly establishing itself as an essential foundational element for onchain collateral.
Through HYPE staking, Circle is currently providing a substantial financial investment to support the network. This contribution arrives at a time when the broader market framework of @HyperliquidX is undergoing an exciting transformation, with USDC emerging as a fundamental pillar of the system.
In terms of platform mechanics, the digital currency is scheduled to serve as an Aligned Quote Asset. In addition to this new designation, it will preserve its vital role as the leading collateral asset utilized across the established HIP-1, HIP-2, and HIP-3 markets, while seamlessly expanding that same utility to the newly introduced HIP-4 markets.
The ongoing push by Hyperliquid to establish a presence in fresh onchain markets is made much smoother by these integrations. Incorporating USDC delivers frictionless crosschain connectivity to digital dollars, promotes robust liquidity among all trading pairs, and significantly elevates capital efficiency across the overarching ecosystem.
We are currently witnessing the most significant paradigm shift in the history of the internet, and Circle sits firmly at the core of this ongoing evolution. To support this new era, we are constructing the trusted infrastructure necessary for a fully programmable internet financial system, one that effortlessly powers everything from digital dollars and global payments to the emerging agentic economy.
Our Q1 numbers clearly demonstrate our vital position within this landscape. Total revenue and reserve income climbed to $694M, marking a 20% increase YoY. The amount of USDC in circulation also saw impressive growth, rising 28% YoY to reach $77.0B. Furthermore, our USDC onchain transaction volume experienced an extraordinary 263% YoY jump, totaling $21.5T for the quarter.
If you are a verified Circle stockholder, we warmly invite you to engage in the upcoming earnings call scheduled for next week. Please send in your inquiries via Say no later than Friday, May 8 at 9 a.m. ET. During the event, management will take the time to answer a selected group of these user submissions. To ensure the topics you care about most get prioritized, be sure to upvote your favorite questions at the following link: https://app.saytechnologies.com/circle-internet-group-inc-2026-q1
A major milestone for the future of digital dollars has been established by the GENIUS Act, and this vital progress continues through the proposed prudential and licensing regime introduced by the OCC. In our submitted response, we gladly endorse the rigorous, highest-bar standards presented by the OCC. We believe these strict measures are essential for creating a consistent and financially secure regulatory foundation for U.S. dollar payment stablecoins.
Adam Chapman from @ConfirmoPay provides insights into the ways USDC integrates with the payment architecture at Confirmo, while also discussing its role in the overall expansion plans of the company.
The customers at Confirmo did not merely want generic stablecoins. Instead, they made specific requests for USDC. By establishing USDC as a primary settlement currency, the platform is able to facilitate swift and trustworthy international transactions. At present, the payments infrastructure of @ConfirmoPay maintains a reported 99.97% uptime. Through this highly reliable network, the service caters to a user base spanning 141 countries and has successfully processed $100 million in USDC.
Circle will be present onsite all week at Consensus Miami, taking place in Miami Beach from May 5 to May 7. We are traveling there to engage with industry innovators across capital markets, banking, and payments, alongside members of the Circle Alliance Program.
Our daily discussions will center on what is required to construct the internet financial system, exploring practical real-world USDC use cases, and examining stablecoin-powered infrastructure.
To connect directly with the Circle Alliance Program team, please visit us at booth 3207. We look forward to seeing you in Miami.
The foreign exchange landscape for the Korean won is officially shifting onchain.
By utilizing USDC as the foundational settlement layer, @IQAICOM and its @KRWQcash project are working to establish a KRW-USD market structure that is significantly more accessible and transparent. This innovative approach delivers impressive savings, reducing trading expenses by 50% to 75% when compared to conventional KRW NDF markets.
Additionally, combining KRWQ directly with USDC has allowed them to unlock several powerful market advantages. This strategic pairing successfully fosters deeper liquidity for KRW-USD. It also encourages tighter spreads alongside enhanced price formation, while simultaneously paving the way for broader institutional distribution.
Integrating stablecoins into your existing infrastructure should not force your business to juggle multiple blockchains, handle digital asset compliance, or oversee wallets and private keys.
To learn more about streamlining this process, tune in to a live session hosted by Circle on April 23 at 12 PM PT focusing on CPN Managed Payments. Participants will find out how organizations can utilize stablecoins for global value settlement while seamlessly continuing their day to day operations in fiat.
Offering a turnkey integration for your payments stack, CPN Managed Payments provides all the onchain benefits you want, entirely removing the technical complexity traditionally linked to stablecoin transactions.
As a dedicated member of the Circle Alliance Program, the Zebec Network is actively broadening the ways stablecoins can be utilized throughout onchain payments and practical real world applications. To make this possible, Zebec relies on USDC as its foundational settlement layer to seamlessly facilitate card spending, cross border transfers, and payroll operations.
Circle and OSL Group Announce Strategic Partnership
Circle is excited to join forces with OSL Group in a move designed to broaden the international reach of USDC for both payment and trading purposes.
This cooperative effort aims to weave dependable digital dollar technology into a greater number of institutional operations. Participants will benefit from the seamless facilitation of 1:1 USD/USDC exchanges, alongside enhanced options for settlement applications and trading strategies that maximize capital efficiency.
Highlighting the importance of this milestone, @KashRazzaghi noted that collaborating alongside @osldotcom to widen the adoption of USDC in transactional and trading environments establishes a highly secure base for digital dollar liquidity throughout Hong Kong and international markets.
Historically, the internet operated without a native format for money until Circle and @jerallaire developed a solution. Fast forward to the present, and USDC has grown to become the largest regulated stablecoin across the globe. Along with having billions currently in circulation, this asset is fully redeemable 1:1 for US dollars. Furthermore, it empowers users to transfer funds globally in an instant, ensuring uninterrupted availability that covers both nights and weekends.
A distinct takeaway emerged from the discussions at the HSBC Global Investment Summit. The overarching dialogue makes it highly evident that digital asset markets are currently coming of age. Alongside this evolution, the worldwide financial sector is finding it increasingly difficult to overlook the essential part played by stablecoins and reliable, regulated infrastructure.
Circle Gateway has officially introduced its crosschain forwarding feature for @solana. This platform allows you to hold chain-agnostic USDC balances that can be spent crosschain in under 500 ms. Furthermore, you have the option to batch these transactions programmatically to facilitate sub-cent agentic nanopayments.
Through its forwarding service, Circle automatically handles the destination-chain execution of these transfers. This streamlined approach significantly reduces operational complexity while simultaneously boosting transaction speed and reliability.
By utilizing this system, you will benefit from decreased end-to-end transfer times, minimized third-party risks, and lower overall operational costs. Ultimately, these enhancements deliver a much better everyday experience for developers, users, and agents.
Currently, routing is supported for @arbitrum, @avax, @base, @ethereum, HyperEVM from @HyperliquidX, @inkonchain, @LineaBuild, @monad, @Optimism, @0xPolygon, @SeiNetwork, @solana, @SonicLabs, @unichain, and @world_chain_. You can also expect integration with even more blockchains in the near future.
The crosschain forwarding feature for Circle Gateway is now officially active for @solana.
By using Gateway, you gain access to chain-agnostic USDC balances that can be utilized across different networks in under 500 ms. Additionally, these funds can be grouped programmatically to successfully process agentic nanopayments at a sub-cent level.
The forwarding service provided by Circle takes care of executing these transfers on the destination chain automatically. This straightforward approach removes operational complications and significantly boosts both quickness and dependability. As a direct result, the system shortens end-to-end transfer durations, decreases running expenses, and minimizes third-party risks. Ultimately, this creates a much smoother and highly improved experience for developers, everyday users, and agents alike.
Routing is presently supported for a diverse lineup of networks. The current roster includes @arbitrum, @avax, @base, @ethereum, HyperEVM from @HyperliquidX, @inkonchain, @LineaBuild, @monad, @Optimism, @0xPolygon, @SeiNetwork, @solana, @SonicLabs, @unichain, and @world_chain_. We also anticipate bringing even more blockchains into this ecosystem in the future.
Establishing confidence in digital currencies begins with a clear understanding of their underlying mechanics, which is exactly why the business model driving USDC is so incredibly significant. Tune in to hear Jeremy Fox-Geen provide a firsthand explanation of the entire process.