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Circle has $1B+ in cash and had $779M in revenue in H1 2023, compared to $772M for all of 2022; USDC in circulation has fallen to ~$26B from ~$45B in January (Yueqi Yang/Bloomberg) 11-08-2023

Yueqi Yang / Bloomberg:
Circle has $1B+ in cash and had $779M in revenue in H1 2023, compared to $772M for all of 2022; USDC in circulation has fallen to ~$26B from ~$45B in January  —  – CEO expects payments, financial firms to push for stablecoins  — USD Coin market cap plunges this year while rival Tether gains


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