Circle posts $865 million Q3 revenue and reserve income, cuts 5% of workforce
The USDC issuer beat expectations on revenue but trimmed headcount, a read on stablecoin economics heading into a tougher Washington backdrop.
Read at The Block →Full coverage · 15 outlets
- The Block · lead
- CoinDeskCircle beats earnings expectations on strong revenue, but cuts 5% of its workforce
- Barron'sCircle’s Earnings Show Stablecoins Have Arrived. A Crypto Payoff Could Take Longer.
- Yahoo FinanceCircle Layoffs Hit 5% of Staff in a Profitable Quarter: Why Now?
- The InformationStablecoin Issuer Circle Cuts 5% Jobs
- FinanceFeedsCircle Q3 Revenue Rises 17% to $865 Million on a One-Off Token Presale, With a 5% Staff Cut
- American BankerCircle's revenue boosted by Arc token presale
- Crypto BriefingCircle cuts 5% of workforce as USDC circulation climbs
- Bloomberg.comCircle Lays Off 5% of Workforce as Revenue, Profit Surprises
- TheStreetCircle crushes Q3 estimates as staff shrinks 5%
- BenzingaCircle's 'Big Quarter' Revenue Jumps 17% but Analysts Remain Skeptical
- Bitcoin MagazineCircle (CRCL) Cuts About 5% Of Workforce As Q3 Revenue Hits $865M
- CoinGeekCircle sees revenue surge on ARC sales, lays off 5% of staff
- Bitcoin FoundationCircle Cuts 5% of Staff Despite $226M in Q3 Net Income
- NewsCordCircle Reports $865M Q3 Revenue, $226M Net Income After $182M ARC Token Pre-Sale: how 7 outlets framed it