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Circle Posts $701 Million Q2 Revenue as USDC Activity Accelerates

Circle logo on mobile phoneCircle reported stronger second-quarter earnings as USDC circulation and transaction activity expanded. The stablecoin issuer also set a September launch date for Arc, its institutional blockchain network. USDC Volume Jumps 151% to $14.8T as Circle Returns to Profit Circle Internet Group returned to profit in the second quarter as greater USDC adoption offset weaker returns […]

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Circle Posts $701 Million Q2 Revenue as USDC Activity Accelerates

Circle logo on mobile phoneCircle reported stronger second-quarter earnings as USDC circulation and transaction activity expanded. The stablecoin issuer also set a September launch date for Arc, its institutional blockchain network. USDC Volume Jumps 151% to $14.8T as Circle Returns to Profit Circle Internet Group returned to profit in the second quarter as greater USDC adoption offset weaker returns […]

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