CryptoSlate

Circle processed $32 trillion in USDC transfers, yet 95% of its revenue relies entirely on interest rates

Circle processed $32 trillion in USDC transfers, yet 95% of its revenue relies entirely on interest ratesWorldPing

Coin Metrics found market plumbing drove much of the volume while reserve income supplied 95.2% of Q2 revenue.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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