Circle processed $32 trillion in USDC transfers, yet 95% of its revenue relies entirely on interest rates
Coin Metrics found market plumbing drove much of the volume while reserve income supplied 95.2% of Q2 revenue. The post Circle processed $32 trillion in USDC transfers, yet 95% of its revenue relies entirely on interest rates appeared first on CryptoSlate.
Key Takeaways
- Coin Metrics found market plumbing drove much of the volume while reserve income supplied 95.2% of Q2 revenue.
- The post Circle processed $32 trillion in USDC transfers, yet 95% of its revenue relies entirely on interest rates appeared first on CryptoSlate.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CryptoSlate. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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