Post
Maverick_Alpha
#CircleQ3USDCVolumeUp49%
Circle's Q3 revenue rose 17% to $865M, but ARC token sales contributed $181.8M—masking weaker underlying performance.
USDC volume reportedly jumped 49%.
📉 Ex-ARC revenue fell ~8%, while reserve income declined 8% to $658M.
Market impact: Lower interest rates could pressure reserve income, while stronger USDC adoption could offset that weakness. The Binance hack also adds regulatory scrutiny around stablecoin controls.
$CRCL $XCRCL
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