Circle’s ARC sale boosts earnings as USDC yield pressure grows
Circle’s earnings benefited from an ARC token sale while lower yields and competition pressured its core USDC business.
Circle’s earnings benefited from an ARC token sale while lower yields and competition pressured its core USDC business. USDC (USDC) is trading at $0.9997. This is an original TLT brief based on reporting by Cointelegraph, with live market data added, as of Thu, 05 Nov 2026 03:00:04 UTC.
The ARC sale shows Circle seeking revenue beyond the yield generated by its core stablecoin operations. Payments fees and potential future staking rewards are central to that diversification strategy.
- ARC token sale increased Circle’s earnings.
- Lower yields are pressuring Circle’s core USDC business.
- USDC remained near parity with a $71.12B circulating supply.
- Bitcoin rose as the broader crypto market broadly advanced.
- Circle Outlines New CCTP Framework for Non-USDC Token Transfers
- Circle's CCTP Burn Limits Phase Out Begins, Impacting USDC Migration
- Circle’s Q3 revenue reaches $865M as USDC activity expands
- Circle Reduces Staff After ARC Presale Boosts Quarterly Revenue
- Circle leans on ARC presale as reserve-income pressure persists
- Circle’s ARC sale boosts earnings as USDC yield pressure grows — this brief
- Circle expanded USDC supply by $1B in minutes without breaking its dollar peg
Circle reported that an ARC token sale lifted its earnings, according to Cointelegraph. The coverage did not provide the size of the sale, revenue contribution or any associated financial figures, so the reported earnings effect cannot be quantified from the available information.
Cointelegraph said Circle is looking to payments fees and possible future staking rewards to diversify its revenue. This comes as lower interest yields and increasing competition weigh on income associated with its core 
USDC stablecoin business, making new revenue streams more important to the company’s operations.
Verified data from DeFiLlama puts USDC’s circulating supply at $71.12 billion. Live pricing placed USDC at $0.99966, up 0.01% over 24 hours and 0.02% over seven days, while its market capitalization stood at $70.87 billion. The small gap between the supply and market-cap figures reflects the token’s position near one dollar.
The broader market backdrop was positive: total crypto market capitalization reached $2.76 trillion, 
Bitcoin gained 4.63% over 24 hours and the overall market was broadly higher. The Fear & Greed index stood at 50, labelled Neutral. For Circle, the immediate issue is whether payments fees and prospective staking income can supplement USDC-related income as yields remain lower, while the ARC sale has already provided an earnings lift.
Since this brief published about 9 hours ago, USDC (USDC) has moved from $0.9997 to $0.9997 — +0.00%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₦1,382.98 (about $0.9997), up 0.0% over 24 hours. The naira itself trades about 2.7% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 5, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Circle’s ARC sale boosts earnings as USDC yield pressure gro — questions & answers
Did Circle’s ARC token sale boost earnings?
Yes. Cointelegraph reported that the sale lifted Circle’s earnings, although the available coverage did not state the amount or revenue contribution.
How is Circle diversifying beyond its USDC business?
Cointelegraph identifies payments fees and possible future staking rewards as the planned additional revenue sources.
How large is USDC’s circulating supply?
DeFiLlama verified USDC’s circulating supply at $71.12 billion, while live market data showed a market capitalization of $70.87 billion.
How much is 1 USDC worth in naira today?
About ₦1,382.98 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9997. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Cointelegraph. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.