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via coindesk.comBusiness & Companies

Circle beats earnings and revenue estimates on soaring USDC transaction volume

FROM THE WIRE · COINDESK.COM

Circle's net income for continuing operations of $226 million grew 5% year-over-year to $226 million in the third quarter.

Read at the source ↗
MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bullishResults above estimates driven by USDC volumes, relevant for the stablecoin segment.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Circle's net income from continuing operations was $226 million in the third quarter.
  2. 02The item reports 5% year-over-year growth.
  3. 03The headline cites soaring USDC transaction volume.

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