Circle beats earnings and revenue estimates on soaring USDC transaction volume
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Circle reported third-quarter net income from continuing operations of $226 million, up 5% year-over-year, beating consensus earnings and revenue estimates as USDC transaction volume surged. The stablecoin issuer’s results reflect expanding on-chain dollar usage and rising demand for its USDC token across payment and settlement flows. The beat matters as a bellwether for stablecoin economics and Circle’s post-listing growth trajectory. Investors will watch whether transaction volume growth sustains into the fourth quarter and how it feeds through to reserve income and margins.
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Circle (CRCL), USDC
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