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Circle Reports $865 Million in Q3 Revenue and Cuts 5% of Workforce

November 4, 2026, 1:17 PM UTC (2 hours ago) · 1 source · Summarized by CryptoBipto

Circle, the company behind the USDC stablecoin, reported $865 million in revenue and reserve income for the third quarter of 2026. The company also disclosed that it has reduced its workforce by 5%.

WHY IT MATTERS

Circle is the company that issues USDC, one of the most widely used stablecoins.

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SOURCES

theblock.co

USDCStablecoinsUSDCCircleCorporate EarningsWorkforce Reduction

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What are stablecoins, NFTs and tokenized assets?What stablecoins are and how they hold a steady value, what an NFT represents, and what it means to tokenize a real-world asset.