CONNECT WITH US
Web3 & Blockchain

Web3 & Blockchain

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

Bitcoin News logo

Published on

Add as a preferred source on Google
Circle Q3 Revenue Hits $865M as USDC Issuer Cuts Workforce by 5%

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 […]



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.