Stablecoin issuer Circle spent 93% of its first-half revenue on distribution, operations, and investment as USDC processed more than $36 trillion in transactions. The stablecoin issuer generated about $1. 4 billion in revenue in the first six months of 2026, but $819 million went to distribution...
Source: [CryptoSlate](https://cryptoslate.com/usdc-processed-36-trillion-in-h1-transactions-but-circle-kept-just-7-cents-of-every-revenue-dollar/)