✔ VERIFIED First reported by Cryptopolitan · Nov 4, 13:28 UTC · updated Nov 4, 18:02 UTC
Circle’s ARC token sale lifts earnings as lower yields weigh on USDC income
Circle is looking to payments fees and future staking rewards to diversify revenue as its core stablecoin business faces pressure from lower yields and growing competition.
Common to all reports: Circle · ARC
Confirmed by 2 sources
- Cryptopolitan (crypto newsroom · International) · Nov 4, 13:28 UTC · read at the source
- Cointelegraph (crypto newsroom · Europe) · Nov 4, 18:02 UTC · read at the source
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Tags: Stablecoin, DeFi, USDC
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