Cryptonews.com
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21:00 Aug 12, 2025
Circle’s initial public earnings period has seen $658M revenue, up 53% YoY, with USDC supply expanding to $65.2B. Despite a $482M net loss driven by IPO-related non-cash charges, user wallets rose 68% and reserve income climbed 50% to $634M. The post Circle’s First Public Earnings Send Shares Soaring 11% on USDC Demand Surge appeared first on Cryptonews.