[Circle's Q3 Revenue and Reserve Income Reach $865 Million, USDC On-Chain Transaction Volume Up 49% YoY] BlockBeats reported on November 4th that Circle released its Q3 2026 financial results, showing total revenue and reserve income of $865 million, a 17% year-over-year increase; net income from continuing operations was $226 million, a 5% year-over-year increase; and adjusted EBITDA was $317 million, an 85% year-over-year increase. Breakdown, reserve income was $658 million, an 8% year-over-year decrease; other income was $207 million, a 627% year-over-year increase, of which $182 million came from the ARC token presale. The average circulating supply of USDC in Q3 was $73.3 billion, an 8% year-over-year increase; on-chain transaction volume reached $13.9 trillion, a 49% year-over-year increase; the USDC market share at the end of the period was 27%, and the number of wallets holding more than $10 USDC reached 7.3 million, a 16% year-over-year increase. In terms of business operations, Circle's payment network (CPN) achieved an annualized payment volume of US$41.3 billion. The company has signed a definitive agreement to acquire Singapore-based cross-border payment platform Tazapay, with the transaction expected to be completed in 2027. Furthermore, Circle laid off approximately 5% of its workforce in the third quarter and maintained its full-year 2026 financial guidance.