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

Bitcoin.com NewsRead original ↗

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 82 million ARC token presale, which helped offset declining income from the reserves backing USDC.

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

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