According to CoinMeta, the issuer of the stablecoin USDC, Circle, announced its third-quarter financial results. The total revenue and reserve income amounted to 864.9 million US dollars, a year-on-year increase of 17%, compared to market expectations of 776.7 million US dollars. After adjustments, EBITDA was 317 million US dollars, a year-on-year increase of 91%, against an expected 202.8 million US dollars. The net profit was 226 million US dollars, with earnings per share expected at 84 cents, up from 64 cents in the same period last year. Circle maintained its performance guidance unchanged, and the stock price surged by more than 3% before the opening of trading on the US stock market.