Revenue of $865 million, but Circle’s numbers aren’t so simple.
Circle reported Q3 revenue of $865 million. But excluding $182 million in one-time revenue from the ARC token presale, underlying revenue fell 8% year over year.
Meanwhile, USDC’s market share fell to 27%, while on-chain transaction volume reached $13.9 trillion, up 49%. Volume is rising, but market share is falling.
Company financial reports don’t predict price movements. Do your own research and be aware of the risks.
#Circle #稳定币 #USDC
Circle reported Q3 revenue of $865 million. But excluding $182 million in one-time revenue from the ARC token presale, underlying revenue fell 8% year over year.
Meanwhile, USDC’s market share fell to 27%, while on-chain transaction volume reached $13.9 trillion, up 49%. Volume is rising, but market share is falling.
Company financial reports don’t predict price movements. Do your own research and be aware of the risks.
#Circle #稳定币 #USDC