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Circle reports $1.4 billion in first-half revenue, details USDC costs
Circle Internet Group generated approximately $1.4 billion in revenue during the first half of 2026. The company noted that $819 million was allocated to USDC distribution partners and transaction expenses, with around $473 million directed toward reinvestment in infrastructure, compliance, and product development. Circle indicated it kept about seven cents in net profit for each dollar of revenue. These figures were detailed in a blog post addressing new stablecoin competitors who claim that existing issuers retain excessive revenue and impose high redemption fees.
Circle Chief Operating…
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