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Circle Reports Mixed Q1 Results Despite Surging USDC Volume

Stablecoin issuer Circle has reported mixed first-quarter financial results, showing a significant surge in USDC transaction volume. Despite increased stablecoin demand boosting revenue, the company also experienced a profit drop.

11 May, 10:31 — 11 May, 10:31
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Sources

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channel-news-asiaMostly Factual15h ago

Circle sees revenue boost as stablecoin demand rises amid volatility; shares up

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Coverage Timeline

First report: channel-news-asia · 11 May, 10:31Full coverage: 3 · 5hWindow: 5h
Left-leaningCenterRight-leaning
channel-news-asia11 May, 10:31First to report

Circle sees revenue boost as stablecoin demand rises amid volatility; shares up

1h later
seeking-alpha11 May, 11:33

Circle Internet's Q1 results demonstrate surging USDC transaction volume growth

4h later
Yahoo11 May, 15:23Latest update

Circle posts mixed Q1 as USDC transaction volume surges

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