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#Arc blockchain

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Circle ARC Token Sale Boosts Earnings as Declining Yields Impact USDC Income
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Circle ARC Token Sale Boosts Earnings as Declining Yields Impact USDC Income

Key Highlights: Circle is actively expanding beyond its core USDC reserve-yield model into transaction services, financial networks, and native blockchain infrastructure. Declining interest rate yields pushed USDC reserve income down 8% year over year to $657.6 million, even as average circulation increased by 8%. New revenue from the presale of the $ARC token boosted reported ...

Circle Beats Earnings and Revenue Estimates as USDC Transaction Volume Soars
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Circle Beats Earnings and Revenue Estimates as USDC Transaction Volume Soars

Key Highlights: Circle reported third-quarter net income from continuing operations of $226 million, marking a 5% increase year-over-year. Adjusted earnings per share reached 84 cents, surging 127% past Wall Street forecasts, while revenue climbed past expectations to $778 million. The firm incurred a $9.1 million restructuring charge tied to a 5% workforce reduction aimed at ...