Circle disclosed 2026 revenue for the first half of the year of approximately 1400000000 USD，59%for USDC partner fees and transaction costs
BIBIBI
AT A GLANCE
Circle said that 2026 revenue for the first half of the year was approximately 1400000000 USD, and disclosed the use of funds as well as USDC redemption and settlement data.
Article
Circle 2026 revenue for the first half of the year was approximately 1400000000 USD. Of this, 819000000 USD was paid to distribution partners
PANews October 16 reported, citing the Circle official blog,Circle Chief Business Officer Kash Razzaghi disclosed that 2026 in the first half of the year Circle revenue was approximately 1400000000 USD. Of this, 819000000 USD(approximately 59%) was paid to USDC distribution partners and transaction costs, 473000000 USD(approximately 34%) was used for infrastructure investments such as licensing and liquidity, with a net profit margin of approximately 7%。Circle It also announced that customers using the Circle payment network (CPN) or the Circle platform can now redeem /, free of charge and near-instantly USDC. In the first half of the year,USDC on-chain settlement volume exceeded 36000000000000 USD，June accounting for approximately 77%of global stablecoin transaction volume. The article responded to claims by new issuers that “issuers retain yields and redemption costs are high.”
According to PANews's report citing the Circle official blog,Circle Chief Business Officer Kash Razzaghi disclosed that 2026 in the first half of the year Circle revenue was approximately 1400000000 USD。
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Of this, 819000000 USD(approximately 59%) was paid to USDC distribution partners and transaction costs.
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473000000 USD(approximately 34%) was used for infrastructure investments such as licensing and liquidity, with a net profit margin of approximately 7%。
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Circle announced that customers using the Circle payment network (CPN) or the Circle platform can now redeem /, free of charge and near-instantly USDC。
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2026 In the first half of the year,USDC on-chain settlement volume exceeded 36000000000000 USD，June representing approximately 77%。
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The article responded to claims by new issuers that “issuers retain yields and redemption costs are high.”
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
Circle It disclosed that, of its approximately 1400000000 USD in revenue, most was used to pay USDC distribution partners, transaction costs, and infrastructure such as licensing and liquidity, with the remainder corresponding to a net profit margin of approximately 7%. Meanwhile, some customers using the Circle payment network or platform can redeem free of charge and near-instantly USDC。
Why it matters to readers
These figures show the main uses of Circle revenue, and also reflect the costs of distributing proceeds to partners and maintaining infrastructure. The redemption arrangements relate to how conveniently eligible customers can convert USDC back into funds.
Beginners should distinguish between revenue and net profit: approximately 1400000000 USD is revenue and does not equal Circle the final profit earned. It should also be noted that free near-instant redemptions are explicitly applicable only to customers using the Circle payment network or Circle platform.
Risks and unknowns
The current evidence consists only of PANews's account of the Circle official blog; no link to the official original text or financial disclosure document was provided for verification.
It does not specify the precise accounting basis for the approximately 1400000000 USD in revenue or for each expense item.
It does not specify the regions, eligibility requirements, amount limits, or actual time to receipt for free near-instant redemptions.
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The statistical scope, data source, and calculation methodology for “approximately 77%of global stablecoin transaction volume” are not specified.
The name of the “new issuer” and the original wording of the related claims were not provided.
Related concepts
Revenue
This term is not in the glossary yet. Browse related concepts in the glossary.
