Circle’s revenue rises with a $182m lift from ARC’s presale
Circle’s new results separate stablecoin reserve earnings from token-sale revenue. Bullish plans more blockchain choices for issuer-sponsored shares, while Coinbase’s latest migration notice keeps AERO and VELO transfers on hold.
Editorial illustration · 4 November 2026THE ROYAL DECREE · OPINION
Before admiring the height, establish what is doing the lifting.
Circle reported $865 million in third-quarter revenue and reserve income on 4 November, up 17% year on year. The total includes $182 million from the ARC token presale, while income earned on reserves fell 8%.
Bullish named Solana, Aptos and Ethereum as initial network partners on 3 November. Its existing work runs on Solana; expansion to the other two chains is planned, with no launch dates specified in the announcement.
A fresh Coinbase status notice on 4 November says migration work remains in progress and AERO/VELO sends and receives are temporarily disabled. Buying, selling and trading AERO are unaffected, according to the exchange.