Circle Tops Earnings and Revenue Estimates on Surging USDC Transaction Volume

Stablecoin issuer Circle reported third-quarter results that beat analyst expectations for both earnings and revenue. Its net income from continuing operations reached $226 million, up 5% from a year earlier. The company credited the stronger performance to a sharp rise in transaction volume for its USDC stablecoin. The source report provides limited additional detail beyond these headline figures.
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