v3.25.2
ACCOUNTS RECEIVABLE, NET (Tables)
6 Months Ended
Jun. 30, 2025
Receivables [Abstract]  
Schedule of accounts receivable, net
Accounts receivable, net consisted of the following (in thousands):
June 30,December 31,
20252024
Stablecoin revenue receivable$108,888 $85,983 
Customer fee revenue receivable28,637 39,317 
Other accounts receivable98,294 169,380 
Gross accounts receivable235,819 294,680 
Less: allowance for doubtful accounts(12,823)(29,429)
Total accounts receivable, net$222,996 $265,251