Key Highlights
- During the period, Circle Internet Group (NYSE:CRCL) was down by 37 percent versus October, to even hit a low of $64—a level it last touched in its market debut in June.
- Circle Internet Group (NYSE:CRCL) is a global financial technology firm that created the USDC and EURC stablecoins.
- In the third quarter of the year, the company grew its net income by 202 percent to $214.38 million from only $70.996 million in the same period last year.
- Circle Internet Climbs 11.4% on Bargain-Hunting Panelists discuss the future of bitcoin and blockchain at a New York Alternative Investments Roundtable event.
- (Photo: Insider Monkey/ Madison Morgan) Total revenues and reserve income jumped by 66 percent to $739.76 million from $445.76 million year-on-year, on the back of a 97 percent growth in USDC circulation, alongside strong revenues from subscription and services, as well as transactions.
