Circle has "slightly reduced" its workforce and decreased investment in non-core activities.

BlockBeats News, July 13th. Stablecoin issuer Circle has announced that the company has made slight layoffs to maintain a "strong balance sheet". A spokesperson for Circle said: "To maintain a strong balance sheet, Circle is doubling down on core business activities and execution. As a result, we have reduced or terminated investments in non-core activities and reduced operating expenses, including a slight reduction in staff numbers. At the same time, we have identified new areas of investment and continue to recruit in key focus areas globally."