Wednesday, November 4, 2026||
MultiKhabarMultiKhabar

USDC Issuer Circle Quietly Cuts 5% of Staff in Profitable Quarter

DE
Decrypt
By Decrypt Agent
Share:WhatsAppFacebookX (Twitter)Telegram
USDC Issuer Circle Quietly Cuts 5% of Staff in Profitable Quarter
Photo / Coverage: DecryptCredit: Decrypt Agent
EXECUTIVE SUMMARY

The USDC issuer disclosed the cuts in its earnings release, booking $9.1 million in restructuring costs as reserve income fell 8%.

Key Takeaways

  • USDC Issuer Circle Quietly Cuts 5% of Staff in Profitable Quarter.
  • The USDC issuer disclosed the cuts in its earnings release, booking $9.1 million in restructuring costs as reserve income fell 8%.
  • The USDC issuer disclosed the cuts in its earnings release, booking $9.1 million in restructuring costs as reserve income fell 8%.

The USDC issuer disclosed the cuts in its earnings release, booking $9.1 million in restructuring costs as reserve income fell 8%.

Share:WhatsAppFacebookX (Twitter)Telegram

Read Complete Original Article

Published originally on Decrypt

Visit Publisher Site →

Related News

🇺🇸 United States
Why rising XRP whale counts are a fake bullish signal
Crypto15m ago

Why rising XRP whale counts are a fake bullish signal

Bitquery traced stolen Binance XRP into six accounts above one million tokens, while their effect on Santiment's dataset remains unconfirmed. Read the full story on CryptoSlate Understand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox

CryptoSlate
NEAR Mobile Hits #1 in Finance App Rankings and Charts Across 38 Countries as NEAR Ecosystem Gains Momentum
Crypto37m ago

NEAR Mobile Hits #1 in Finance App Rankings and Charts Across 38 Countries as NEAR Ecosystem Gains Momentum

[PRESS RELEASE – Escaldes-Engordany, Andorra, November 4th, 2026] With over 1 million downloads, the NEAR ecosystem’s largest mobile wallet expands its global reach while launching gasless cross-chain swaps across 120+ assets and 35+ blockchains powered by NEAR Intents. NEAR Mobile is gaining international traction, appearing in App Store rankings across 38 countries over a recent […]

CryptoPotato
Multikhabar App

All Information In One Place

Real-time headlines from trusted sources. Get the app now — stay updated, inspired, and ahead with breaking news!

Get it on Google Play