Schwab Network on $CRCL (Nov 4, 2026)
Circle beat revenue and profit estimates by a large margin; EPS was 84 cents versus around 38 cents estimated, up 31% year over year. USDC transaction volume reached nearly $14 trillion, up nearly 50% annually, a clear sign institutional stablecoin adoption has begun. A 5% workforce cut is hoped to improve future results.
Jump to any passage
Well, Circle just announced a better-than-expected quarter, so what caught your attention in the results and what might this indicate about broader demand for stablecoins?
Yes, that was another great result. They outperformed in both revenue and profits, and it was great to see that, and by a large margin. Earnings per share reached 84 cents, significantly higher than estimates of around 38 cents, representing a 31% year-over-year increase.
Now , I think the key point here is the volume of USDC transactions on the network, which has reached nearly $14 trillion. That's an increase of nearly 50% on an annual basis. What this tells me is that there is a clear sign that institutional adoption of these stablecoins has already begun , and I think it will be interesting to monitor that going forward.
The stock fell in pre-market trading but rebounded by about 1.5% in the last time it was reviewed . Another point worth noting is that they also announced a 5% reduction in their workforce.
So, although we never like to see it , we hope this will help improve their results in the future.
What this channel has said about $CRCL
Schwab Network has 2 calls on this stock; only the adjacent ones are shown.