Circle's revenue for the first half of the year was $779 million, surpassing the projected revenue for the entire year of 2022.
BlockBeats news, on August 10th, according to Bloomberg, Jeremy Allaire, CEO of Circle, stated that Circle's revenue for the first half of this year was $779 million, exceeding the full-year revenue of $772 million in 2022. Circle's adjusted EBITDA for the first half of the year was $219 million, also exceeding the full-year revenue of $150 million in 2022. As of June, the company's balance sheet had over $1 billion in cash.
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