Circle Breaks Down USDC Revenue Split for H1 2026
Circle reported $1.4 billion (USD) in USDC revenue for H1 2026, with $819 million going to partners and $473 million reinvested.
If stablecoin issuers routinely disclosed revenue splits like this, would users trust stablecoins more, or would scrutiny simply shift toward which partners capture the largest share? Circle's H1 2026 figures show partner costs of $819 million (USD) nearly matching the $473 million (USD) reinvested in the business. Whether other issuers follow with similar transparency remains an open question for the stablecoin market.
https://www.bonuz.xyz/en/blog/circle-usdc-revenue-split-h1-2026
Circle reported $1.4 billion (USD) in USDC revenue for H1 2026, with $819 million going to partners and $473 million reinvested.
If stablecoin issuers routinely disclosed revenue splits like this, would users trust stablecoins more, or would scrutiny simply shift toward which partners capture the largest share? Circle's H1 2026 figures show partner costs of $819 million (USD) nearly matching the $473 million (USD) reinvested in the business. Whether other issuers follow with similar transparency remains an open question for the stablecoin market.
https://www.bonuz.xyz/en/blog/circle-usdc-revenue-split-h1-2026