DeFi
USDC Growth Strengthens Circle’s Business as Investors Reassess Stablecoin Economics
Circle generated $701.3 million in revenue and reserve income during the second quarter, while net income reached $48.2 million. Average USDC circulation increased 25% year over year, but reserve income grew only 5% as lower interest rates offset part of the expansion.
Read the full story on Crypto Economy →
This headline and summary were published by Crypto Economy. CryptoNewsroom did not write or verify this story and shows it only as a pointer to the original. See how we select sources. Nothing here is financial advice.


