Business1 source
Circle Payments Network Reaches $41.3 Billion Annualized Volume in Q3
Headline from The Defiant
Key points
- Circle Payments Network achieved an annualized transaction volume of $41.3 billion during the third quarter.
- The company kept 52.4% of its revenue and reserve income following distribution-related costs, with ARC token sales boosting that proportion.
- Additionally, Circle plans to acquire Tazapay, a transaction expected to expand its local payout capabilities in key regional markets.
Summarized automatically by Kryptokite from reporting by The Defiant. Read the original sources for full detail.
Sources
- The DefiantCircle Payments Network Reaches $41.3 Billion Annualized Volume in Q3 · 3 hours agoRead on The Defiant
Story timeline
- Crypto Briefing1 min read
OpenAI reportedly builds its own alternative to Microsoft’s GitHub
- Crypto Briefing1 min read
OpenAI reportedly to acquire Pierre Computer, but claim lacks any verified evidence
- Crypto Briefing1 min read
Circle beats Q3 estimates as Arc mainnet goes live with 100+ partners
- Crypto Briefing1 min read
Dario Amodei envisions ‘a country of geniuses in a data center,’ Anthropic’s IPO filing reveals financial risks
- Crypto Briefing1 min read
AMD reports $48.8 billion in purchase commitments as AI chip demand climbs
Share
Kryptokite links to the original reporting and never republishes full articles. Summaries are written automatically and may contain mistakes; nothing here is financial advice.