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Circle stocks increase 11% in pre-exchanging trading after the first quarterly figures: USDC to USD 61.3 billion, despite the $ 482 million net loss due to IPO costs
Circle: Positive market reaction to the first public corporate figures The Circle share recorded an increase of 11 %in pre -exchanging trading after the first public corporate figures were published. These figures show that StableCoin USDC has reached a volume of $ 61.3 billion. This corresponds to a remarkable growth of 90 % compared to previous periods. ...
Circle stocks increase 11% in pre-exchanging trading after the first quarterly figures: USDC to USD 61.3 billion, despite the $ 482 million net loss due to IPO costs
Circle: Positive market reaction to the first public company figures
The Circle share recorded an increase of 11 %in pre -interconnecting trading after the first public company figures were published. These figures show that StableCoin USDC has reached a volume of $ 61.3 billion. This corresponds to a remarkable growth of 90 % compared to previous periods.
Despite the impressive growth of the USDC, Circle had to accept a net loss of $ 482 million, which is essentially due to the expense of the IPO). These numbers reflect the challenges with which the company is confronted, while it continues to move in a rapidly developing market.Overall, the results of Circle show both the potential and the challenges associated with the operation in the field of cryptocurrencies and stable coins. Investors and market observers will take a closer look at how the developments in this sector will continue.