Circle’s USDC Goes Bonkers: $214M Profit and a Token Tease!

Well, slap my wallet and call me impressed! 🤑 Circle, the folks behind the USDC stablecoin, just dropped their Q3 2025 earnings report, and let me tell you, it’s more exciting than finding a forgotten $20 bill in your old jeans. 📈 USDC circulation hit a whopping $73.7 billion-that’s a 108% jump from last year. Yes, you read that right. 108%. If only my 401(k) could grow like that, I’d be sipping piña coladas on a private island by now. 🌴

But wait, there’s more! Total and reserve revenue climbed 66% to $740 million, and net income? Oh, it just casually doubled and then some, hitting $214 million. That’s a 202% increase, folks. Someone check if Circle’s CFO is secretly a wizard. 🧙♂️ Meanwhile, they’ve launched this thing called the Arc testnet (sounds like something out of a sci-fi novel) and are even toying with the idea of a native Arc network token. Because why not? The crypto world needs another token like I need another pair of socks for Christmas. 🎁

And just when you thought it couldn’t get any juicier, Circle bumped up its 2025 “other revenue” forecast to between $90 million and $100 million. “Other revenue”? Sounds like the catch-all category for “stuff we’re too cool to explain.” 🤷♂️ But hey, if it keeps the profits rolling in, who am I to judge? Just don’t spend it all in one place, Circle. Unless that place is a giant, gold-plated statue of a USDC coin. That’d be pretty cool. 🏆

2025-11-12 15:19

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