Stablecoin giant Circle (CRCL.US) exceeded expectations in Q3 performance, with USDC circulation doubling year-on-year.

According to the Securities Times app, the leading stablecoin Circle (CRCL.US) exceeded analysts' expectations in the third quarter, with the circulation of its stablecoin USDC more than doubling compared to the same period last year. The financial report shows that Circle's revenue in the third quarter reached 7.4 billion US dollars, a year-on-year increase of 65.9%, exceeding the market's expected 7.1 billion US dollars; earnings per share were 0.64 US dollars, exceeding the expected 0.46 US dollars.