Circle Shares Jump 35% on $733M Q4 Reserve Income and 100% USDC Growth
Circle Internet Group reported Q4 reserve income of $733 million, a 69% year-over-year increase, and adjusted EBITDA surged 412% to $167 million while average USDC circulation doubled. CEO Jeremy Allaire said USDC settlements on platforms like Polymarket deliver instant, global collateralization and transaction execution.
1. Q4 Financial Performance
In the fourth quarter, Circle reported reserve income of $733 million, up 69% year over year, and adjusted EBITDA climbed 412% to $167 million on accelerating revenue. USDC average circulation doubled versus the prior year, while total stablecoin supply rose over 70%.
2. Stablecoin Infrastructure Adoption
CEO Jeremy Allaire emphasized USDC's integration with platforms like Polymarket and Kalshi, enabling instant, internet-speed settlement, global access, and seamless collateralization for prediction market participants.
3. Multi-Year Growth Guidance
Management outlined a target of 40% compound annual growth rate for USDC circulation over several years, reflecting confidence in ongoing adoption and revenue expansion.