Circle's Q3: USDC Growth, Revenue Surge

Circle Internet Groups Q3 FY2025 results exceeded expectations, with adjusted earnings of $0.64 per share and revenue of $740 million, a 66% increase from last year. USDC growth drove this success, with circulation reaching $73.7 billion. Despite strong financials, stock dipped 1.8%. Net income surged 202% to $214 million, and adjusted EBITDA grew 78% to $166 million. Circles stablecoin market share expanded to 29%. The company raised full-year guidance and plans to invest in platform development and global partnerships.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.