Circle saw a rise in Q3 revenue, driven by increased reserve income from USDC as stablecoin circulation surged. Global adoption of stablecoins is growing, with traditional financial firms entering the space and regulators establishing clearer rules. The Trump administration’s Genius Act aims to regulate dollar-backed stablecoins for safer digital payments. Circle’s USDC circulation doubled to $73.7 billion, contributing to total revenue of $740 million in Q3.

Read more at Yahoo Finance: Circle quarterly revenue rises on stablecoin growth