๐ Circle Smashes Q3 Expectations! ๐ฅ
USDC issuer Circle just reported $740M in Q3 revenue, beating forecasts by a huge margin ๐ โ thatโs a 66% YoY jump! ๐ฅ
CEO Jeremy Allaire says adoption of USDC and their new Arc blockchain is โaccelerating fastโ โก โ with big players like BlackRock, Visa, AWS, Coinbase, and Kraken already onboard. ๐
๐ก Fun fact: Circle may even launch a native Arc token soon ๐
Meanwhile, USDCโs market cap is up from $61B โ $76B since Circleโs IPO in June. ๐ช
๐ Analysts now expect $2.68B in total 2025 revenue.
But the stock $CRCL dipped before earnings โ maybe Wall Streetโs sleeping on this one? ๐ด๐
