Key Highlights: Circle reported third-quarter net income from continuing operations of $226 million, marking a 5% increase year-over-year. Adjusted earnings per share reached 84 cents, surging 127% past Wall Street forecasts, while revenue climbed past expectations to $778 million. The firm incurred a $9.1 million restructuring charge tied to a 5% workforce reduction aimed at ...
Key Highlights Binance processed $5 million to $10 billion in daily USDC spot trading volume throughout 2026, capturing 10-20 times more activity than most other exchanges which typically stay below $500 million daily. USDC’s market capitalization reaches approximately $74 billion, remaining the second-largest dollar stablecoin behind Tether’s USDT at roughly $140 billion. Circle is expanding ...
Circle Agrees to Acquire Tazapay for $400 Million in All-Stock Deal Circle has agreed to acquire Singapore-based payments company Tazapay for $400 million in an all-stock transaction, according to a September 8 announcement and accompanying U.S. regulatory filing. The acquisition is expected to close in 2027, subject to customary conditions and regulatory approvals, including clearance ...