📈 Circle reported Q2 total revenue and reserve income of $701 million, up 7% year-over-year, with USDC circulation reaching $73.3 billion
Net income for the quarter was $48 million, while the reserve return rate declined 66 basis points year-over-year to 3.5%, reflecting a softer interest rate environment.
@CryptosNetworks
Net income for the quarter was $48 million, while the reserve return rate declined 66 basis points year-over-year to 3.5%, reflecting a softer interest rate environment.
@CryptosNetworks