Circle’s Stock Soars as Q2 Revenue Smashes Estimates—First Earnings Since Mega IPO

Wall Street's crypto-curious just got a caffeine jolt.

Circle—the stablecoin giant that pulled off one of 2025's most hyped IPOs—just flexed its financial muscles with a knockout earnings report. Revenue blew past analyst forecasts, sending shares skyrocketing in after-hours trading.

The stablecoin surprise

While legacy banks fret over shrinking margins, Circle's USDC-powered revenue engine keeps humming. The numbers don't lie—even if accounting departments sometimes do.

Post-IPO glow-up

This debut earnings call silenced skeptics who doubted crypto-adjacent companies could deliver old-school profitability. The market's response? A collective 'we'll allow it.'

Another quarter like this, and Circle might just graduate from 'crypto stock' to plain old 'stock'—at least until the next regulatory tantrum.