Circle's Q3 Performance Breaks Through: $740M in Combined Revenue and Reserve Income
Circle (CRCL.N) delivered a solid quarter with combined revenue and reserve income hitting $740 million, comfortably surpassing analyst expectations. The strong results immediately resonated in the market, with shares gaining 1% during pre-market trading sessions.
What makes this quarter particularly noteworthy is how Circle's financial performance demonstrates the growing stability of stablecoin and crypto infrastructure plays. The $740 million figure reflects both operational revenue streams and reserve inco