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Jacquelyn Melinek: Circle reports Q3 revenue of $865 million, adjusted EBITDA rises 85%

Jacquelyn Melinek: Circle reports Q3 revenue of $865 million, adjusted EBITDA rises 85%
Circle Q3 revenue tops $865 million

Circle reported $865 million in total revenue and reserve income for the third quarter, an increase of 17% from a year earlier.

Jacquelyn Melinek noted that the company also saw adjusted EBITDA rise 85% to $317 million. According to Melinek, much of Circle's revenue comes from interest earned on its activities.

Melinek has previously reported on Visa’s launch of USDC-based global payouts and Mastercard’s partnership with BVNK for fiat and stablecoin integration. She also previewed an interview with Chainlink’s Head of RWAs focused on strategies for asset managers and banks handling real-world assets. These developments reflect continued institutional engagement with stablecoins and blockchain infrastructure.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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