Circle reports $865M Q3 revenue and reserve income, discloses 5% workforce cut
The USDC issuer posted record top-line results lifted by its ARC token sale while trimming staff as lower rates weighed on reserve income.
Read at The Block โFull coverage ยท 10 outlets
- The Block ยท lead
- TradingViewCircleโs ARC token sale lifts earnings as lower yields weigh on USDC income
- CoinGapeBreaking: USDC Issuer Circle Reveals $865M Q3 Revenue, But Lays Off 5% Staff
- Bitcoin MagazineCircle (CRCL) Cuts About 5% Of Workforce As Q3 Revenue Hits $865M
- Yahoo FinanceCircle Beats Q3 Estimates on Arc Token Sale, Cuts 5% of Staff
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- BitcoinmagazineCircle (CRCL) Cuts About 5% of Workforce as Q3 Revenue Hits $865M