Will Circle say “Testnet”?

Circle said “Testnet” 1 time on its Aug 5, 2026 call (FY26 Q2), and on each of its last 4 calls: 11, 10, 2, 1 times. As of Oct 23, 2026, Circle said “Testnet” on 3 of 3 calls with a settled Kalshi mention market since Nov 12, 2025 (100%), most recently on May 11, 2026. Parrot’s p for the next listing is 92% (n=3, from settlement history blended with transcripts), not a forecast.

92%from settlement history blended with transcripts · n=3Next: Earnings call, Nov 4, 2026 · counts: company speakers + operator
Last 10
3/3Last 10 settled, oldest to newest: yes yes yes
Streak
said the last 3 times
Counts
company speakers + operator
Market
61¢ Kalshi (may be delayed)
Updated

Where it was said

quotes of at most 25 words; select an appearance

Circle

Testnet

Probability
92% · n=3
Settled
3/3 (100%)
Last calls
said in 4 of 4

Next listing counts: company speakers + operator

FY26 Q2 earnings call, Aug 5, 2026 · said 1 time (counts)

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Counts: company speakers + operator (not listed here; the usual rule)

1 counted (1 in prepared remarks, 0 in Q&A).

Jeremy AllairecompanypreparedIn transcript

…seen tremendous traction as the infrastructure gets ready for this moment. Our testnet has processed more than half a billion transactions across nearly 3 million…

FY26 Q1 earnings call, May 11, 2026 · said 2 times (counts)

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Counts: company speakers + operator

2 counted (2 in prepared remarks, 0 in Q&A).

Jeremy AllairecompanypreparedIn transcript

…network is getting ready for liftoff. We have had a highly successful test net, and today we announced the pre-sale of the ARC token, raising…

Jeremy AllairecompanypreparedIn transcript

…Circle to deliver meaningful value to Arc users on day one. Our test net has performed very well. Users are transacting at scale. Arc has…

FY25 Q4 earnings call, Feb 25, 2026 · said 10 times (counts)

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Counts: company speakers + operator

10 counted (5 in prepared remarks, 5 in Q&A).

Jeremy AllairecompanypreparedIn transcript

…across the board. Importantly, our platform continues to expand. We launched the Testnet of Arc, our Layer 1 blockchain network, and we're on track to…

Jeremy AllairecompanypreparedIn transcript

…With Arc and our developer infrastructure, we're seeing very strong progress. Our Testnet launched in Q4 with over 100 companies in banking, capital markets, digital…

Every match in the transcript

FY25 Q3 earnings call, Nov 12, 2025 · said 11 times (counts)

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Every settled listing

newest first · 3 shown
Every settled listing of this word, newest first
DateListed asVenueResultOur count
May 11, 2026TestnetKalshiYes2
Feb 25, 2026TestnetKalshiYes10
Nov 12, 2025TestnetKalshiYes11

Questions

How many times did Circle say “Testnet” on its last earnings call?
Circle said “Testnet” 1 time on its Aug 5, 2026 call (FY26 Q2), and on each of its last 4 calls: 11, 10, 2, 1 times.
How often does Circle say “Testnet”?
As of Oct 23, 2026, Circle said “Testnet” on 3 of 3 calls with a settled Kalshi mention market since Nov 12, 2025 (100%), most recently on May 11, 2026.
What is the probability Circle says “Testnet” next time?
92%, from settlement history blended with transcripts (n=3). It is a base rate from history, not a forecast and not advice.
Who has to say it for the market to count?
Under the next market's rule: company speakers + operator.

Cite parrot.markets, “Circle: ‘Testnet’ mention history”, as of Oct 23, 2026, https://parrot.markets/earnings/CRCL/words/testnet (CC BY 4.0)

Agents: this page as TSV at /api/v1/word?entity=circle&word=testnet · quotes: /api/v1/quotes?entity=circle&word=… · columnar JSON in #parrot-data · llms.txt · MCP