Circle Reports Q2 Revenue of $701M, USDC Circulation Hits $73.3B
Circle reported Q2 revenue and reserve income of $701M, up 7% YoY, with USDC circulation reaching $73.3B (up 19% YoY) and onchain transaction volume surging 151% to $14.8T. CEO Jeremy Allaire announced a livestream of earnings and Q&A session for investors.
Detected & updated continuously · Source: Nebula
Sources
@TU_Crypto_News
Circle will livestream its Q2 earnings and a Q&A session at 8 a.m. ET tomorrow, CEO Jeremy Allaire said. The update is set to offer investors fresh detail on the stablecoin issuer’s quarterly performance and outlook for USDC.
@blckchaindaily
🚨 CIRCLE $CRCL Q2 REVENUE AND RESERVE INCOME REACH $701M, UP 7% YOY; $USDC CIRCULATION HITS $73.3B, UP 19% YOY; ONCHAIN TRANSACTION VOLUME SURGES 151% TO $14.8T