Circle Q3 Revenue Hits $865M as USDC Issuer Cuts Workforce by 5%

The Quick Take
Circle’s third-quarter revenue climbed 17% to $865 million, while net income rose 5% to $226 million. The USDC stablecoin issuer’s results were strengthened by a $182 million ARC token presale, which helped offset declining income from the reserves backing USDC. Circle Posts $226M Q3 Profit Circle’s newest blockchain token played an unusually large role in […]
Ground Level News aggregates headlines from public feeds. This page shows a short summary only; the full article and all rights belong to Bitcoin News.
Related
Markets
YieldMax MARA Option Income Strategy ETF announces weekly distribution of $0.0311
Markets
Massachusetts voters reject bid to reverse recreational marijuana legalization
Markets
YieldMax JP Option Income Strategy ETF announces weekly distribution of $0.0534
Markets
