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Bitcoinist

Circle Reports Q3 Reserve Income Exceeding $700 Million, Teases Native Token Launch

In a recent financial statement on Circle's (CRCL) third-quarter (Q3) performance, the stablecoin giant saw tremendous increase in key metrics, exceeding Wall Street estimates. Circle's Financial Disclosures  According to the financial disclosures made public by the firm on Wednesday, Circle's Reserve Income surged to $711 million, marking a substantial 60% year-over-year increase, primarily fueled by [...]

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