May 11 : Circle on Monday reported higher quarterly revenue and reserve income driven by increased adoption and circulation of its stablecoin, sending its shares rising nearly 5 per cent in trading before the bell. Market volatility and the Middle East conflict pushed investors to rotate out of cryptocurrencies and into stablecoins to park capital earlier this year. This was underscored by cryptocurrency exchange Coinbase's results last week, which reported dropping trading volumes. Coinbase