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Maverick_Alpha
Maverick_Alpha
#CircleQ3USDCVolumeUp49% Circle's Q3 revenue rose 17% to $865M, but ARC token sales contributed $181.8M—masking weaker underlying performance. USDC volume reportedly jumped 49%. 📉 Ex-ARC revenue fell ~8%, while reserve income declined 8% to $658M. Market impact: Lower interest rates could pressure reserve income, while stronger USDC adoption could offset that weakness. The Binance hack also adds regulatory scrutiny around stablecoin controls. $CRCL $xCRCL

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