Circle beats Q3 revenue expectations at $865 million, cuts 5% of workforce
The USDC issuer posted strong reserve income but trimmed staff, a signal of cost discipline in the stablecoin sector.
Read at CoinDesk โFull coverage ยท 15 outlets
- CoinDesk ยท lead
- The BlockCircle reports $865 million in Q3 revenue and reserve income, discloses 5% workforce reduction
- Yahoo FinanceStablecoin Issuer Circle Cuts 5% Of Workforce
- The InformationStablecoin Issuer Circle Cuts 5% Jobs
- Bloomberg.comCircle Lays Off 5% of Workforce as Revenue, Profit Surprises
- Crypto BriefingCircle cuts 5% of workforce as USDC circulation climbs
- TipRanksCRCL Stock Drops as Circle Cuts 5% of Staff as Falling Interest Rates Squeeze Stablecoin Reserve Income
- FinanceFeedsCircle Q3 Revenue Rises 17% to $865 Million on a One-Off Token Presale, With a 5% Staff Cut
- TheStreetCircle crushes Q3 estimates as staff shrinks 5%
- Bitcoin MagazineCircle (CRCL) Cuts About 5% Of Workforce As Q3 Revenue Hits $865M
- The CryptonomistCircle Q3 Earnings Beat Forecasts Despite Workforce Reduction
- bloomingbitCircle Beats Q3 Estimates, Cuts 5% of Workforce in AI Shift
- BigGo FinanceCircle Beats Q3 Estimates on $182M ARC Token Presale as USDC Volume Jumps 49%
- ForkLogCircle Increases Revenue and Reduces Workforce
- Binance#circleq3revenue865m Community Insights & Market Sentiment | Binance Square