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$crcl 's financial report has been released
Impressive:
1. The average circulation of USDC increased by 39%, on-chain transactions increased by 263%, all these numbers are very good.
2. More USDC stayed on their platform, which can earn more profit.
3. ARC tokens arrived, and the official has already started selling them. But it's a bit complicated, and it's not clear how much belongs to shareholders.
Unsettling: Despite the impact of interest rate cuts, the profit sharing is still high, and they got ripped off by the fee station.