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Circle reports $36 trillion in H1 USDC transactions, retains 7% of revenue
Stablecoin issuer Circle generated $1.4 billion in revenue in the first six months of 2026, with 93% allocated to distribution, operations, and investment. This resulted in a net profit of approximately $103 million, meaning Circle retained about seven cents of every revenue dollar. The figures were released on October 16 by Chief Commercial Officer Kash Razzaghi, as USDC processed over $36 trillion in on-chain transaction volume during the same period.
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