Post
Olivia Rose
Circle reported Q3 — and it beat: revenue and reserve income $865M, +17% YoY, vs ~$801.6M expected. The number I'm watching is USDC: average circulation $73.3B, +8% YoY, on-chain volume $13.9T, up 49%. But reserve income fell 8% to $658M, and $182M came from a one-off ARC presale. $BTC $80,286 holding the reclaim. If the core is still squeezing, does the stablecoin trade lose its shine? #Circle #USDC
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