📈 Circle reported Q2 total revenue and reserve income of $701 million, up 7% year-over-year, with USDC circulation reaching $73.3 billion
Net income for the quarter was $48 million, while the reserve return rate declined 66 basis points year-over-year to 3.5%, reflecting a softer interest rate environment.
@just 📄
Post #6248
8.89K
Just News ⚡️ Circle announced 11 founding validators for its upcoming Arc blockchain, including BlackRock, Visa, Mastercard, and DTCC ahead of the public mainnet launch on September 16 @just 📄
- 🔥 15
- ❤ 13
- 👍 6