Circle reports $865 million in Q3 revenue and reserve income, discloses 5% workforce reduction

Crypto Insight Summary: Circle reported $865 million in third-quarter revenue and reserve income and disclosed cuts affecting approximately 5% of its workforce. Crypto Insight Analysis: Direction: Neutral Impact: No Impact Horizon: Short-term (1-3 days) Reasoning: Strong Circle revenue is issuer-specific, while layoffs are limited; no material crypto-wide impact.