Circle's Revenue Grows, But IPO Filing Shows Falling Profitability

Circle Internet Financial, the company behind USD Coin (CRYPTO: USDC), is showing a mixed financial picture ahead of its planned public listing, with revenue up by 16%, but profitability down due to higher costs and increased redemptions.

Apr 2, 2025 - 11:12
Circle's Revenue Grows, But IPO Filing Shows Falling Profitability
StablecoinCircle Internet Financial, the company behind USD Coin (CRYPTO: USDC), is showing a mixed financial picture ahead of its planned public listing, with revenue up by 16%, but profitability down due to higher costs and increased redemptions.

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