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Circle, the only publicly listed U.S. stablecoin company, reported $658 million in Q2 revenue, with USDC circulation surging 90% to $61.3 billion. USDC transaction volume hit $5.9 trillion, up 5.4x ...
Circle Internet Group (CRCL) issues USDC, a stablecoin designed to maintain a value of $1. The company earns most of its revenue from interest on the reserve assets backing the USDC in circulation.
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