Circle’s Stock Rockets 45% Post-IPO as Q2 Revenue Smashes Wall Street Predictions
USDC issuer Circle delivers a knockout first earnings report since going public—proving crypto's cashflow potential while traditional banks count their pennies.
Wall Street didn't see this coming: The stablecoin giant's revenue surged past analyst estimates, fueled by institutional adoption and yield product growth. Traders piled into CIRC stock as the market woke up to crypto's real revenue engine.
Behind the numbers: Circle's treasury management suite and institutional services are quietly eating traditional finance's lunch. While legacy banks debate blockchain integration, Circle's already monetizing it.
Cynical take: Funny how the 'unregulated crypto wild west' keeps delivering GAAP-compliant earnings while 'safe' bank stocks flirt with 52-week lows.
