Circle released Q2 financial report: USDC circulation exceeded 65 billion, an increase of 90% year-on-year
2025-08-12 10:43:44
According to Businesswire, Circle released its second quarter fiscal year 2025 results. The report shows that as of the end of the second quarter, USDC liquidity increased by 90% year-on-year to $61.30 billion, and total revenue and reserve revenue increased by 53% year-on-year to $658 million. Net loss for the quarter was $482 million, mainly due to two non-cash expenses related to initial public offerings (IPOs).
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