PANews August 12 news, according to BusinessWire, Circle (NYSE: CRCL) announced its Q2 2025 financial report, with USDC circulation increasing by 90% year-on-year to $61.3 billion, and total revenue and reserve income increasing by 53% year-on-year to $658 million. Due to non-cash expenses related to the IPO, the net loss was $482 million. Circle completed a $1.2 billion IPO, launched the Circle Payments Network, announced partnerships with Binance, OKX, and others, and plans to launch a Layer-1 blockchain Arc specifically designed for stablecoin finance.
