Stablecoin Issuer Circle Cuts Workers, Quits Some “Non-Core” Activities; It will continue to recruit globally

“To maintain our strong balance sheet, Circle is redoubling its focus on core business activities and execution,” a Circle spokesperson told CoinDesk in an email. “As a result, we have reduced or discontinued investments in non-core activities and reduced operating costs, which include marginal headcount reductions. At the same time, we have identified new areas […]