Circle Reports Third-Quarter Revenue and Net Income Growth
Circle said revenue grew as transaction volumes and the value of USDC in circulation increased. USDC in circulation rose 8% to $73.3 billion at quarter-end.
By Rob CurranCryptocurrency firm Circle Internet Group posted robust third-quarter revenue growth on increases in transaction volumes and in the value of its stablecoin in circulation.USD Coin, a stablecoin issued by Circle, in circulation at the end of the quarter rose 8% to $73.3 billion.Revenue…