Wu Blockchain (@WuBlockchain): Circle Q1 Revenue Rises 20%, Raises $222M for Arc Blockchain at $3B Valuation
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Circle Q1 Revenue Rises 20%, Raises $222M for Arc Blockchain at $3B Valuation Circle reported Q1 2026 revenue and reserve income of $694 million, up 20% year-over-year, while USDC circulation reached $77 billion and on-chain transaction volume surged 263% to $21.5 trillion. The company also announced a $222 million ARC token presale at a $3 billion fully diluted valuation, led by a16z crypto with participation from BlackRock, Apollo, ICE, SBI Group and others. Circle said Arc will serve as institutional blockchain infrastructure and support AI-native economic activity. https://x.com/circle/status/2053785252037022157?s=20