Defi
Breaking: USDC Issuer Circle Reveals $865M Q3 Revenue, But Lays Off 5% Staff
CoinGape·November 4, 2026·1 min read
Circle Internet Group (NYSE:CRCL) reported $865 million in Q3 revenue and reserve income, up 17% year-over-year. Despite the growth, the USDC issuer announced a 5% workforce reduction, recording restructuring charges in its earnings release. The layoffs signal cost-cutting amid expansion.
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