A post by @circle on X.

Circle said its Payments Network is scaling rapidly, with momentum accelerating since the quarter closed, according to a company tweet citing CEO Jeremy Allaire’s remarks during Circle’s Q3 earnings livestream. The update positions the stablecoin issuer’s payments rail as a growing contributor alongside its USDC business, though the tweet did not disclose specific transaction volumes, client counts or revenue figures for the network. The comment matters because Circle is betting that blockchain-based settlement infrastructure can diversify revenue beyond reserve income tied to USDC, whose market cap and circulation trends remain the core driver of its results. Investors will watch for harder metrics—such as payment volumes, onboarded institutions and cross-chain activity—when Circle provides fuller disclosures or updates at future earnings events.