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Circle's $779 million in first-half revenue exceeds full-year 2022 revenue

On August 10th, Circle CEO Jeremy Allaire announced that Circle's revenue for the first half of this year was $779 million, surpassing the full-year revenue of $772 million projected for 2022. Circle's adjusted EBITDA for the first half of the year was $219 million, also exceeding the $150 million in revenue projected for the full year of 2022. As of June, the company's balance sheet showed over $1 billion in cash.

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