Circle reported $701 million in Q2 revenue this morning, took final approval from the OCC for its national trust bank charter, and set 16 September as the mainnet date for Arc, its own settlement chain, with BlackRock, DTCC, Visa, and Mastercard among the founding validators. The stock rose 10% in premarket on an EPS beat, $0.18 against a $0.16 consensus, even though revenue missed. The market graded the quarter. The quarter was actually a corporate restructuring announcement.
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Circle Built a $73 Billion Dollar and Keeps a Quarter of a Cent
Circle reported $701 million in Q2 revenue this morning, took final approval from the OCC for its national trust bank charter, and set 16 September as the mainnet date for Arc, its own settlement chain, with BlackRock, DTCC, Visa, and Mastercard among the founding validators.




