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Circle’s stock rose after the company’s first quarterly earnings update since its blockbuster IPO, as investors applauded the ...
Circle Internet Group stock tumbled more than 5% in extended trading Tuesday after it said it would offer 10 million Class A ...
The Signal Interview “Big day,” Donald Trump remarked to Circle’s Jeremy Allaire at a White House event last month, where the ...
Circle (NYSE: CRCL) plans a $1.3B secondary stock sale at $130 per share — over 4x its June IPO price — as USDC circulation surges 90% year-over-year and Q2 revenue jumps 53%.
Stablecoin giant Circle surpassed expectations for second-quarter revenue in its maiden quarterly results since going public, ...
Circle USDC growth accelerates as adoption rises across exchanges, DeFi platforms, and global payment systems, boosting its ...
Stablecoin issuers often use Treasury bills as backing reserves. That could put pressure on other parts of the financial ...
Axios Sneak Peek on MSN4h
Circle reports $658M in revenue, 53% growth, on stablecoin reserves in Q2
Circle has completed its first quarter as a public company, reporting $658 million in returns on its stablecoin reserves — ...
While charges related to the stablecoin issuer's debut contributed to a second-quarter loss, it reported a 53% increase in revenue, driven by strong growth in stablecoins. Revenue rose to $658.1 ...
Stablecoins, which are typically pegged to the U.S. dollar and backed 1:1 to a pool of reserves, have been around for a ...
(NYSE: CRCL), the firm behind the USD Coin (USDC) stablecoin, released its first quarterly earnings as a public corporation, ...
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