Circle quarterly profit beats estimates on stablecoin growth

Circle shares slump after Q3 earnings despite big jump in revenue

Investors appeared concerned over declining interest rates and rising expenses at the stablecoin giant.

Circle’s Third-Quarter Revenue Increased More Than Estimated

Shares of Circle Internet Group Inc. fell as much as 8.8% as concern that declining interest rates will weigh on future returns overshadowed better-than-expected third-quarter revenue and earnings.

Circle Internet Group stock is sliding despite strong revenue and higher average USDC in circulation

The stablecoin issuer has seen its share price swing wildly since its market debut in June. It just reported its second earnings as a public company.

Circle Internet (CRCL) Net Income Rises 202% to $214M, Beats Expectations on EPS

The shares slid in anticipation of lower U.S. interest rates, which would reduce revenue from reserve assets held to back the second-largest stablecoin.

Circle quarterly profit beats estimates on stablecoin growth

Circle topped Wall Street estimates for third-quarter profit on Wednesday, driven by higher reserve income amid rising USDC circulation, though shares slipped as valuation concerns weighed on growth prospects.Global adoption of stablecoins — digital tokens backed by low-risk assets such as U.S. dollars or T

Circle Posts $214M Net Income as USDC Supply Doubles Year-Over-Year

Circle Internet Group said on Wednesday that it closed the third quarter of fiscal 2025 with a dramatic jump in stablecoin activity that powered its top and bottom lines. USDC in circulation reached $73.7 billion at quarter-end, up 108% year-over-year, while total revenue and reserve income came in at roughly $740 million, growth of 66% from the year-ago period. The company posted net income of $214 million and adjusted EBITDA of $166 million, m…