Discover how Circle's USDC stablecoin is transforming payments with major partners, backed by strong reserves and regulatory clarity.

At the end of 2024, it had roughly $43.5 billion in USDC in circulation, up from approximately $24.4 billion the year before. The reserve return rate was 5%, up from 4.7% in 2023 and 1.5% in 2022. Revenue increased 16% in 2024, and net income dropped 72%, although it remained positive.

Several Wall Street analysts on Monday launched coverage of Circle Internet Group, following the stablecoin issuer's initial public offering earlier this month.