A post by @circle on X.
Results are out for Q3, which brought platform milestones and strong financial results.
@circle on X
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Circle reported Q3 results highlighted by the September 16 launch of its Arc mainnet, which debuted with 11 founding validators and more than 100 applications. The company said annualized total payment volume on its CPN network grew 15.2x year over year, with 205 financial institutions enrolled. Circle also announced a planned acquisition alongside the results, though terms were not disclosed in the excerpt. The figures position Circle's stablecoin infrastructure as a scaling payments rail rather than a purely reserve-income business. Next, watch for details on the acquisition target and early Arc mainnet usage metrics.
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Named in this story
Circle (CRCL), Arc Mainnet, CPN
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