Circle’s net income for continuing operations of $226 million grew 5% year-over-year to $226 million in the third quarter.
This story was originally published by CoinDesk.
Circle reported $865 million in third-quarter revenue and reserve income and disclosed cuts affecting approximately 5% of its workforce.
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The USDC issuer disclosed the cuts in its earnings release, booking $9.1 million in restructuring costs as reserve income fell 8%.
Dubai, United Arab Emirates, November 4th, 2026, Chainwire Bybit, the New Financial Platform trusted by more than 80 million users worldwide, joined global finance and technology leaders at Hong Kong…
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Circle Internet Group, the New York company behind the USDC stablecoin, cut about 5% of its workforce in the third quarter. The disclosure sat in a footnote to earnings that showed profit rising. The…
