Earlier this year, Circle Internet Group went public and quickly became a hot buy in the crypto world. The company's stablecoin, USDC, is a popular option, and adoption levels have been surging.
The global economy is about to undergo a major shift—and it’s going to be centered around cryptocurrency, according to Jeremy Allaire, cofounder and CEO of Circle, a software company that built one of ...
JPMorgan: Circle Internet reported "solid" results and its key metrics exceeded expectations, Worthington said in the upgrade note. The results suggest that stablecoins have continued to "make their ...
Circle's third-quarter revenue jumped 66% year over year to $740 million, generating adjusted EBITDA profits of $166 million. The USDC stablecoin circulation more than doubled to $73.7 billion. Circle ...
Circle Internet’s (CRCL) USDC overtook Tether’s USDT in onchain activity, Wall Street bank JPMorgan (JPM) said, as investors and institutions moved to adopt stablecoins that met emerging regulatory ...
Circle posted strong Q3 results, with revenue diversification efforts continuing to progress. CRCL's business is still heavily reliant on USDC issuance and short-term interest rates, though, making it ...
Total costs grew by 74% while opex grew by 70% year-over-year. The biggest driver of expense growth is compensation. While down considerably from over $503 million in Q2, compensation expense in Q3 ...