TechBloomberg2h ago

Circle reports Q2 revenue up 7% YoY

Circle reports Q2 revenue up 7% YoY to $701M, below $712M est., net income of $48M, vs. $43M est., and USDC circulation at $73.4B on June 30; CRCL fell 20% YTD

Circle Internet Group Inc. shares jumped in premarket trading after the biggest US stablecoin issuer boosted the revenue outlook for its Arc blockchain payments offering.

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Source: Bloomberg · Opens in new tab