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EN
Circle falls after mixed earnings as revenue misses expectations
['Jai Hamid', 'John Palmer', 'Glory Kaburu', 'Aamir Sheikh']
Cryptopolitan
The average yield earned on reserves fell 66 basis points to 3.5%.
The related margin increased by 302 basis points to 41%.
Adjusted EBITDA margin came to 50%, down 329 basis points.
USDC stored there accounted for an average 19.5% of total circulation each day, an increase of 1,204 basis points.
It raised its 2026 forecast for other revenue from $150 million to $170 million to a new range of $310 million to $330 million.