Alt5 Sigma faces delisting crisis after changing auditors three times in six weeks and struggling to produce its financi | Bee Network
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Last night, Circle, the first stablecoin to go public, released its Q3 financial report, delivering an impressive performance and showcasing a series of initiatives in ecosystem development. Circle also revealed its progress in building the Arc Network and CPN payment networks. Here are some key takeaways from this financial report: I. USDC Supply: Up 108% compared to the same period last year By the end of the third quarter, the circulating supply of USDC reached $73.7 billion, a year-on-year increase of 108%, reflecting the overall expansion of the stablecoin market. Meanwhile, USDC’s market share reached 29%, an increase of 643 basis points compared to the same period last year. Among numerous stablecoin competitors, USDC has become a major player second only to USDT, and this increase in market share indicates…# Analysis# crypto# defi# TokenPre
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- Original source: Wall Street News Alt5 Sigma, dubbed