{"author":{"username":"decrypt","displayName":"Decrypt","fid":290390},"timestamp":"2026-11-04T12:44:35.000Z","text":"USDC Issuer Circle Quietly Cuts 5% of Staff in Profitable Quarter\n\nThe USDC issuer disclosed the cuts in its earnings release, booking $9.1 million in restructuring costs as reserve income fell 8%.\n","links":[{"url":"https://decrypt.co/382493/usdc-issuer-circle-quietly-cuts-5-of-staff-in-profitable-quarter?utm_source=farcaster&utm_medium=social&utm_campaign=auto","title":"USDC Issuer Circle Quietly Cuts 5% of Staff in Profitable Quarter - Decrypt"}],"farcaster":"https://farcaster.xyz/decrypt/0x2303f9ac648d0494d8ac1c0063fcd7d93266c7ac","firefly":"https://firefly.social/post/farcaster/0x2303f9ac648d0494d8ac1c0063fcd7d93266c7ac","note":"author hasn't signed the social smart contract; the cast may be restricted on farcaster.xyz"}