🚨 BREAKING NEWS: Circle defends USDC economics as stablecoin rivals court its partners with bigger cut
Stablecoin issuer CircleCRCL$82.25·Market Closedis defending its business model as Coinbase, its largest distribution partner, backs a rival that aims to give businesses more income from stablecoin reserves.
In a blog post on Friday, Chief Commercial Officer Kash Razzaghiwrotethat Circle kept about 7 cents in net profit for each dollar in revenue made during the first half of 2026. The firm brought in about $1.4 billion, while distribution and transaction costs totaled $819 million.
The post puts the figures at the center of a dispute over who gets the interest earned on assets backing stablecoins.
Circle said the remaining $473 million covered compliance, liquidity and product development. That figure also included about $214 million in stock-based compensation and related costs.
🔗 [Đọc toàn bộ bài viết tại bản gốc](https://www.coindesk.com/business/2026/10/17/circle-defends-usdc-economics-as-stablecoin-rivals-court-its-partners-with-bigger-cut)
📰 Nguồn: 🪙 CoinDesk
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Stablecoin issuer CircleCRCL$82.25·Market Closedis defending its business model as Coinbase, its largest distribution partner, backs a rival that aims to give businesses more income from stablecoin reserves.
In a blog post on Friday, Chief Commercial Officer Kash Razzaghiwrotethat Circle kept about 7 cents in net profit for each dollar in revenue made during the first half of 2026. The firm brought in about $1.4 billion, while distribution and transaction costs totaled $819 million.
The post puts the figures at the center of a dispute over who gets the interest earned on assets backing stablecoins.
Circle said the remaining $473 million covered compliance, liquidity and product development. That figure also included about $214 million in stock-based compensation and related costs.
🔗 [Đọc toàn bộ bài viết tại bản gốc](https://www.coindesk.com/business/2026/10/17/circle-defends-usdc-economics-as-stablecoin-rivals-court-its-partners-with-bigger-cut)
📰 Nguồn: 🪙 CoinDesk
$BTC $ETH #BinanceSquare #CryptoNews