In the first half of 2026, Circle's revenue was approximately US$1.4 billion. Of this, US$819 million (about 59%) was paid to USDC distribution partners and for transaction costs, US$473 million (about 34%) was used for infrastructure investments such as licenses and liquidity, and the net profit margin was about 7%.
PANews October 16 news: According to Circle's official blog, Circle Chief Business Officer Kash Razzaghi disclosed that in the first half of 2026, Circle's revenue was approximately $1.4 billion. Of that, $819 million (about 59%) was paid to USDC distribution partners and transaction costs, $473 million (about 34%) was used for infrastructure investments such as licenses and liquidity, and the net profit margin was about 7%. Circle also announced that customers using the Circle Payments Network (CPN) or the Circle platform can now redeem USDC 24/7, free of charge, and in near real time. In the first half of the year, USDC onchain settlement volume exceeded $36 trillion, and in June it accounted for about 77% of global stablecoin transaction volume. The article responds to claims by new issuers that "issuers withhold earnings and redemption costs are high."