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%.
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USDC Issuer Circle Quietly Cuts 5% of Staff in Profitable Quarter
Grand Herald dollar-liquidity note (2026-11-04): The USDC issuer disclosed the cuts in its earnings release, booking $9.1 million in restructuring costs as reserve income fell 8%. Primary source: original at Decrypt (decrypt.co).