Circle released its second quarter financial report, with total revenue and reserve revenue reaching US$658 million

According to Foresight News, Circle (NYSE: CRCL) released its second quarter 2025 financial report, with USDC's circulation increasing by 90% year-on-year to US$61.3 billion, and total revenue and reserve revenue increased by 53% year-on-year to US$658 million. Affected by non-cash expenses related to IPO, the net loss was US$482 million. Circle completed a US$1.2 billion IPO, launched Circle Payments Network, announced cooperation with Binance, OKX, etc., and plans to launch the Layer-1 blockchain Arc specially designed for stablecoin finance.
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