Yueqi Yang / The Information:

Circle reports Q3 revenue up 17% YoY to $875M, driven in part by ARC token sales, net income up 5% YoY to $226M, and says it is cutting 5% of its staff  —  Stablecoin issuer Circle reported third-quarter revenue jumped 17% to $875 million, reflecting mostly a one-time bump from a token sale.

Yueqi Yang / The Information:

Circle reports Q3 revenue up 17% YoY to $875M, driven in part by ARC token sales, net income up 5% YoY to $226M, and says it is cutting 5% of its staff  —  Stablecoin issuer Circle reported third-quarter revenue jumped 17% to $875 million, reflecting mostly a one-time bump from a token sale.

Source: TechMeme
Source Link: https://www.techmeme.com/261104/p37#a261104p37