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Benzinga

Business

Anusuya Lahiri

Circle's USDC Circulation Doubles, But Costs Are Soaring

Circle USDC CRCL Circle Internet Group Internet

Denver,,Colorado,-,June,18,2025:,Circle,Company,Logo,Display

Circle Internet Group (NYSE:CRCL) stock slid after it reported third-quarter results on Wednesday.

The company reported a quarterly revenue growth of 66% year-over-year (Y/Y) to $739.76 million, topping the analyst consensus estimate of $700.53 million.

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