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: https://news.bitcoin.com/stablecoins/circle-q3-revenue-865m-usdc-issuer-cuts-workforce/
Bitcoin Credit Mutuel Arkea Cyberattack: $133M Traced to Crypto Exchanges
Bitcoin Binance Hack Exposed Three ‘Entirely Avoidable’ Flaws, Says Coinex Founder
Bitcoin Bitcoin Price Holds $78K as ETF Outflows Slow to $116M
Bitcoin Ripple’s RLUSD Adds Nearly $1B in 90 Days as Tether’s USDT Loses $5B
Bitcoin Trump-Linked Tokens Crash as Democrats Win Midterms
