BBX News: Circle Q1 revenue of $694 million (+20%), USDC on-chain volume at $2.15 trillion (+263%), ARC token pre-sale completed at $222 million ($3 billion valuation); SUIG fully stakes 108.7 million SUI (2.7% of circulating supply), triggering a 37% weekly SUI price increase; Q1 adjusted revenue of $1.4 million, non-cash loss of $71 million. Key Highlights: —Circle (NYSE: CRCL): Q1 revenue of $694 million (+20%), EPS of $0.21 (above expectations), EBITDA of $151 million (+24%); USDC at $77 billion (+28%), on-chain volume at $2.15 trillion (+263%), 63% market share; reserve yield of 3.5% (-66 bps), reserve income accounting for 94%; ARC pre-sale completed at $222 million. —SUI Group (NASDAQ: SUIG): Fully staked 108.7 million SUI (2.7% of circulating supply, approx. $143 million), daily issuance of 5,200 SUI, annualized yield of 1.8%; triggered a 37% weekly SUI price increase; Q1 adjusted revenue of $1.4 million, non-cash loss of $71 million; custody by Galaxy Digital. Source: bbx.com
Circle Q1 revenue up 20%, USDC chain volume up 263%; SUIG full staking boosts SUI by 37%
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Summary
On-chain data shows Circle’s Q1 revenue reached $694 million, a 20% year-over-year increase, while USDC chain volume surged 263% to $21.5 trillion. SUIG fully staked 108.7 million SUI tokens, or 2.7% of the supply, driving SUI’s price up 37% in one week. Crypto price news highlights strong momentum across key metrics and staking activity.
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