Circle’s $182 million crypto token sale masks revenue decline as USDC business weakens

Reserve income fell 8% as presale recognition lifted Circle’s third-quarter total to $865 million. Read the full story on CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox
Read it in your languageMachine translation by Google of the publisher's page
Explained in this story
Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyRevenue
The total money a company earns from selling goods or services before any costs are subtracted.
Revenue growth shows demand for a company's products; profit shows whether it earns money from them.
More about RevenueMore in Business
From the blog
Major Exchange Warns Traders XRP Drop Will Precede Recovery
Cryptocurrency exchange Bitrue warned traders that a sharp XRP drop would precede a market recovery after a steep decline pushed…
New York Stock Exchange Integrates XRP Ledger and Stellar via Transfer Agents
The New York Stock Exchange connects its tokenized securities platform to four blockchain networks, including the XRP Ledger and Stellar,…
Analyst Warns XRP Investors About SWIFT Before They Sell
Crypto commentator X Finance Bull warns XRP investors against selling, arguing that SWIFT blockchain initiatives and institutional partnerships with banks…








