Circle ARC Token Sale Boosts Earnings as Declining Yields Impact USDC Income
Key Highlights: Circle is actively expanding beyond its core USDC reserve-yield model into transaction services, financial networks, and native blockchain infrastructure. Declining interest rate yields pushed USDC reserve income down 8% year over year to $657.6 million, even as average circulation increased by 8%. New revenue from the presale of the $ARC token boosted reported ...