Circle just disclosed its financial report, and the stock surged in pre-market trading. - USDC circulation reached $75.3 billion, a year-over-year increase of 72% - In the fourth quarter, USDC on-chain transaction volume reached $11.9 trillion, a year-over-year increase of 247% - Total revenue and reserve revenue for the full year of 2025 reached $2.7 billion, a year-over-year increase of 64%; fourth-quarter revenue was $770 million, a year-over-year increase of 77% A quote from CEO Jeremy: "We are at a turning point. The internet is shifting from transmitting information to transmitting value. Blockchain, stablecoins, and AI are not isolated trends—they are converging into something larger: a brand new global economic system built natively on the internet. In my view, we are about to enter a world where there will be billions, even hundreds of billions, of AI agents interacting and performing economic functions on the internet. They will need programmable digital dollars and open infrastructure to achieve this. This is exactly what we have been building at Circle. Circle's fourth-quarter performance shows that this is no longer just a vision; it is happening. The expansion of USDC continues, and we are approaching a 50% share of stablecoin transaction volume, while our overall platform has far exceeded mere issuance, expanding into the infrastructure layer of on-chain finance. Arc, CCTP, Circle Payments Network, StableFX—each is a building block for the next phase. The opportunities ahead are unprecedentedly vast. And we are just getting started." Believe in blockchain, build and build.