Circle’s recent financial results illustrate an impressive growth pattern, with the amount of USDC in circulation surging by 72% over the past year to reach $75.3 billion. Consequently, the company’s reserve income saw a notable increase of 69%, climbing to $733.4 million and underpinning total revenue that reached $770.2 million.
Continue Reading:Stablecoin Superpower: The New Dynamics of Circle’s USDC Revenue
Source: https://en.bitcoinhaber.net/stablecoin-superpower-the-new-dynamics-of-circles-usdc-revenue