Users deposit funds into Circle account and receive USDC or EUROC at a 1:1 rate.

Circle is a financial technology company that is the principal architect of USDC and EUROC - full-reserve fiat stablecoins that bring US dollar and euro liquidity on-chain.

Circle is a private company registered in the US. Circle's investors include Goldman Sachs, Baidu, and IDG Capital etc.

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Circle

# Circle Transactions per second Methodology

## 1. Overview

Transactions per second measures the average number of confirmed user transactions added to the blockchain each second. Both the network’s throughput and real-time usage are reflected by this metric. For Circle, transaction activity is measured on the Arc chain, where all submitted transactions are captured to evaluate the operational throughput of the network.

## 2. Data sources

- **Blockchain events**: Transaction records from the Arc chain

## 3. Step-by-step calculation

### Component A: Daily transaction aggregation

- **Purpose**: Aggregate the total number of transactions submitted to the Arc chain on a daily basis.
- **Logic**: Every transaction submitted to the Arc chain is counted, including both successful and reverted transactions. The distinct count of transaction hashes is aggregated daily using UTC day boundaries.
- **Key fields**: `transaction_hash`, `block_timestamp`

### Component B: Transactions per second calculation

- **Purpose**: Calculate the average number of transactions processed per second.
- **Logic**: The total daily transaction count is divided by the number of seconds in a day (86,400 seconds) to determine the average transactions per second.
- **Key fields**: `transaction_count`

*This methodology was automatically generated by Token Terminal's methodology analyzer.*

Average confirmed user transactions added per second.

Circle

Transactions per second

Transactions per second

Competitive landscape

Chain breakdown