Stablecoins & Central Banks

Circle Shares Jump After Strong Q4 Earnings as USDC Supply Expands

Circle shares surged more than 20 percent after the company reported fourth quarter earnings that significantly exceeded Wall Street expectations, supported by strong growth in USDC issuance and rising reserve income. The stablecoin issuer posted earnings per share of 43 cents for the quarter, well above the consensus estimate of 16 cents. Net income reached […]