USDC price holds near 1 USD as Circle reports stronger transaction activity
Published on 11/05/2026 at 13:08 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSUSDC activity grows while peg holds
- Circle reported average USDC circulation of 73.3 billion USD in the third quarter of 2026, up 8 percent year over year.
- USDC onchain transaction volume increased 49 percent year over year to 13.9 trillion USD.
- The USDC price was displayed at 1.0010 USD on Investing.com at 12:16:33 on November 5, 2026.
- Circle's reserve income fell 8 percent, while a 182 million USD ARC token presale boosted other revenue.
The USDC price remained close to its dollar peg on November 5, 2026, while Circle's latest results pointed to a mixed operating picture for the stablecoin. Investing.com displayed USDC at 1.0010 USD at 12:16:33, with a reported 24-hour volume of 14.54 billion USD and market capitalization of 70.89 billion USD. The page did not provide a verified prior UTC day-end close, so no daily percentage comparison is stated here.
Circle reported its third-quarter results on November 4. According to Circle's official earnings release, average USDC in circulation reached 73.3 billion USD, an 8 percent increase from the year-earlier quarter. USDC onchain transaction volume rose 49 percent to 13.9 trillion USD.
Usage expands as revenue mix shifts
The operating data suggests that USDC continued to gain payment and settlement activity even as the balance held in circulation grew more slowly than transaction volume. Circle said its third-quarter reserve income fell 8 percent to 658 million USD, primarily because the reserve return rate declined by 61 basis points. The increase in average USDC circulation partly offset that pressure.
Circle's total revenue and reserve income rose 17 percent to 865 million USD, while net income from continuing operations increased 5 percent to 226 million USD. However, the reported result included a material one-time factor: other revenue rose to 207 million USD, including 182 million USD from the ARC token presale. That item does not represent recurring USDC payment activity and should be separated from the stablecoin's underlying operating trends.
Payments remain the strategic focus
Circle also highlighted several efforts to expand USDC's use beyond crypto trading. Its release said Visa moved stablecoin prefunding through Visa Direct from pilot to commercial deployment, with eligible clients able to fund cross-border payouts using USDC in near real time across more than 180 countries. Circle also reported that Samsung Wallet enables eligible users in the United States to send USDC to qualifying bank accounts in more than 60 countries.
A separate ACI Worldwide and Circle announcement dated October 27 described a Colombian pilot for integrating USDC settlement with existing payment infrastructure. For investors, the key indicators are therefore not speculative price appreciation but peg stability, circulation, transaction usage and the sustainability of Circle's reserve-related income.
Circle's project page states that USDC is redeemable 1:1 for US dollars and backed by cash and cash-equivalent assets. The USDC price can still deviate modestly from that target on secondary markets, as the current Investing.com reading illustrates. Further coverage is available on the USDC topic page.
