As per Cryptonews, Circle Internet Group, Inc. (NYSE: CRCL) reported a net income of $214 million for Q3 2025, a 202% increase year-over-year, driven by a 108% surge in USDC circulation to $73.7 billion. Total revenue and reserve income reached $740 million, up 66% from the same period in 2024. Circle also launched the Arc public testnet, attracting over 100 companies, and is exploring a native Arc token. The firm's Payments Network (CPN) has enrolled 29 financial institutions and achieved $3.4 billion in annualized transaction volumes since its May 2025 launch.
Circle Reports $214M Q3 Profit as USDC Circulation Surges 108%
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