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

Decrypt · Wed, 04 Nov 2026 12:44:00 GMT

Hype 22/100 · Market impact 0/100 · Breaking 45/100

Tags: USDC

In its earnings release, the issuer of the USDC stablecoin disclosed staff cuts and recorded $9.1 million in restructuring costs as income from reserves fell 8%.

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