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Circle reports fourth quarter and full fiscal year 2025 financial results Fourth Quarter Highlights (Q4’25 vs. Q4’24): - USDC in circulation of $75.3 billion at year end grew 72%; - USDC onchain transaction volume in Q4’25 of $11.9 trillion, up 247% - Total revenue and reserve income in Q4’25 of $770 million grew 77% - Net Income from continuing operations in Q4’25 of $133 million increased $129 million - Adjusted EBITDA in Q4’25 of $167 million grew 412% https://s206.q4cdn.com/265218871/files/doc_earnings/2025/q4/earnings-result/4Q25-Earnings-Release.pdf