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Tag: Circle

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Circle’s ARC token sale lifts earnings as lower yields weigh on USDC income
Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing competition. Read full article
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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.… Read full article
10h ago
Bitcoin News
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What Block, Circle, and Riot Reveal About Crypto Business
We spend months talking about adoption, Bitcoin prices, and institutional interest. Then quarterly reports arrive, and suddenly we’re…Continue reading on CodeToDeploy » Read full article
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ARK buys $17M in Coinbase, Circle shares while trimming Bullish
ARK Invest added Coinbase and Circle shares across two trading sessions while selling about $8 million in Bullish as crypto stocks declined. Read full article
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