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ACCOUNTS RECEIVABLE, NET (Tables)
9 Months Ended
Sep. 30, 2026
Receivables [Abstract]  
Schedule of accounts receivable, net
Accounts receivable, net consisted of the following (in thousands):
September 30,December 31,
20262025
Stablecoin revenue receivable$114,504 $122,936 
Customer accounts receivable53,587 54,143 
Other accounts receivable108,554 133,202 
Gross accounts receivable276,645 310,281 
Less: allowance for doubtful accounts(6,470)(3,162)
Total accounts receivable, net$270,175 $307,119 
As of each of September 30, 2026 and December 31, 2025, the Company had two counterparties, each of whom accounted for more than 10% of the Company’s Accounts receivable, net.