Circle, a stablecoin issuer, posts fourth-quarter 2025 results that significantly beat market expectations.
Cointelegraph reported on Tuesday that Circle records fourth-quarter revenue of $770 million and net profit of $133.4 million, or 43 cents per share. Analysts forecast 16 cents a share and revenue of $747 million.
Supply of the U.S. dollar-pegged stablecoin USDC rises 72 percent from a year earlier to $75.3 billion, having a positive impact on results.
Circle posts 2025 full-year revenue of $2.7 billion, but records a net loss of $70 million due to stock compensation costs of $424 million related to its IPO. Operating profit comes to $157 million, showing a positive trend.
Circle also launches a public testnet for its blockchain infrastructure platform Arc. More than 100 institutions are taking part in the testnet, the company says.
It also stresses that its stablecoin-based cross-border payment network, Circle Payments Network, continues to grow as it expands to 55 financial institutions.