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

Bitcoin.com

Bitcoin News / Bitcoin.com 80 Views

Circle logo on mobile phoneCircle’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 […]
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