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

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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…

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

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