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#CircleQ3USDCGrowth
Circle (CRCL) faces a brutal margin squeeze. While USDC adoption looks robust, aggressive revenue-sharing costs with Coinbase and collapsing macro interest rates are cannibalizing core profitability. If Q3 numbers rely on artificial token accounting rather than organic transactional volume, this growth engine is unsustainable.
$CRCL
Circle (CRCL) closes above $74 on November 6?9K 交易额
