Circle’s $13.9 Trillion Stablecoin Paradox: More Payments, Less Profit Per Dollar
By PYMNTS
AI summary of the source article
Circle announced that its USDC stablecoin processed $13.9 trillion in on-chain transactions during the third quarter of 2026, marking a 49% increase year over year.
Key facts
- Circle announced its third quarter 2026 results on Wednesday, Nov. 4.
- USDC processed $13.9 trillion in on-chain transactions in the third quarter.
- Third-quarter on-chain transaction volume grew 49% year over year.
Source excerpt · PYMNTS
Circle’s stablecoin business has a problem most payments companies would envy. Its money is moving faster than its earnings can keep up. Per the company’s third quarter 2026 results, announced Wednesday (Nov. 4), Circle’s USDC stablecoin processed $13.9 trillion in on-chain transactions during the third quarter, up 49% year over year, giving Circle 79% of […] The post Circle’s $13.9 Trillion Stabl…