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USDC supply hits $77B as Circle pushes AI-driven payments infrastructure.

Protocol Fundamentals
24 May 2026
Tokenpost
View Source
Bullish
pluang ai news

Circle is expanding its USD Coin (USDC) stablecoin business into AI-native payments infrastructure, aiming to position USDC as the settlement layer for autonomous machine-to-machine (M2M) transactions. In Q1 2026, Circle reported a 20% revenue increase to $694 million and a 28% rise in USDC supply to $77 billion, highlighting growing adoption in crypto markets and cross-border payments. Despite revenue growth, net income fell 15% due to higher costs and crypto market volatility. Circle CEO Jeremy Allaire envisions USDC as the default currency for AI-driven automated payments, but challenges remain from regulatory uncertainty, security risks, and competition. Investors will watch Circle's next earnings in August for signs of profitability recovery and progress in AI payment adoption.

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