Circle Q3 Earnings Beat on USDC Volume Growth
Circle posted $226 million (USD) in net income for the third quarter, up 5% year-over-year, as USDC transaction volume climbed and the company beat earnings and revenue estimates.
Can stablecoin issuers keep growing net income at this pace if transaction volume cools, or does their profitability depend entirely on continued expansion in usage?
https://www.bonuz.xyz/en/blog/circle-q3-earnings-usdc-volume-growth
Circle posted $226 million (USD) in net income for the third quarter, up 5% year-over-year, as USDC transaction volume climbed and the company beat earnings and revenue estimates.
Can stablecoin issuers keep growing net income at this pace if transaction volume cools, or does their profitability depend entirely on continued expansion in usage?
https://www.bonuz.xyz/en/blog/circle-q3-earnings-usdc-volume-growth
