Circle Revenue Hits $694M as Arc Raises $222M
USDC circulation rose 28% to $77B, while on-chain transaction volume jumped 263% year-over-year to $21.5T.
Circle raised $222M for ARC at a $3B valuation with backing from BlackRock, a16z crypto, Apollo, and SBI Group.
Operating expenses climbed 76%, but adjusted EBITDA still
CryptoFrontNews·05-13 18:11
