The Block (@TheBlockCo): Circle also reported Q2 total revenue and reserve income of $701 million on Wednesday, up 7% year-over-year, with USDC in circulation reaching $73.3 b…
Estimated coin impact
Scores are not price-change percentages. High impact means a score of +70 or more, or -70 or less.
- USDC+20Positive
Circle also reported Q2 total revenue and reserve income of $701 million on Wednesday, up 7% year-over-year, with USDC in circulation reaching $73.3 billion. Net income came in at $48 million, while the reserve return rate fell 66 basis points year-over-year to 3.5%, reflecting a softer interest rate environment.