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Circle Touts $658 Million in Annual Revenue as Q2 Results Drop


The firm is fresh off a massively successful initial public offering in June and is riding the coattails of a pro-crypto Congress. Stablecoin Giant Circle Rakes in $658M in Revenue Circle (NYSE: CRCL), the world’s second largest stablecoin issuer, is having a stellar year so far, exceeding revenue...

L1 Blockchain Launches by Stripe and Circle Stir Industry Backlash


Fintech giants Stripe and Circle have unveiled plans to launch their own layer one (L1) blockchains, sparking widespread controversy in the cryptocurrency space over potential market fragmentation and rivalry with layer two (L2) platforms. Crypto Community Questions L1 Products by Stripe and Circle...

Circle Unveils Arc Blockchain With USDC as Native Gas


Stablecoin issuer Circle Internet Group, Inc. announced plans to roll out its own layer one (L1) blockchain, designed to use USDC as the fuel for transaction fees. Circle Debuts Plans for Arc, an EVM-Compatible L1 Using USDC Currently, Circle’s USDC stablecoin ranks as the second-largest...

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