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Circle reports $1.4 billion in first-half revenue, details spending
Circle Internet Group reported approximately $1.4 billion in revenue during the first half of 2026. Of that, $819 million went to USDC distribution partners and transaction costs, while around $473 million was reinvested in infrastructure, compliance, and product development. The company said it retained about seven cents in net profit for each dollar of revenue. In a blog post, COO Kash Razzaghi said these investments should not be viewed as overhead, but help make USDC useful across chains and platforms and redeemable at any hour. He said the work reflects more than eight years of building…
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