Circle's H1 2026 revenue was about $1.4 billion, of which $819 million was paid to distribution partners

PANews reported on October 16 that, according to Circle's official blog, Circle Chief Business Officer Kash Razzaghi disclosed that Circle's revenue in the first half of 2026 was about $1.4 billion. Of that, $819 million (about 59%) was paid to USDC distribution partners and transaction costs, and $473 million (about 34%) went to infrastructure investments such as licensing and liquidity, leaving a net profit margin of about 7%. Circle also announced that customers using the Circle Payment Network (CPN) or the Circle platform can now redeem USDC free of charge and near real-time, around the clock. In the first half of the year, USDC's on-chain settlement volume exceeded $36 trillion, and in June it accounted for about 77% of global stablecoin transaction volume. The post responded to claims by new issuers that "issuers withhold revenue and redemption costs are high."