Circle Explains USDC Revenue Distribution Mechanism
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AI-assisted source synthesis · not an independent investigation.
On October 17, 2026, Circle Chief Business Officer Kash Razzaghi published an article explaining how approximately $1.4 billion in USDC revenue in the first half of the year was allocated. The article stated that approximately $819 million went to distribution partners such as wallets, exchanges, banks, and payment institutions, and was used for transaction costs; approximately $473 million was used for licensing, banking relationships, settlement liquidity, compliance, and blockchain-related work. The article also stated that Circle's net profit was approximately 7 cents for every dollar of revenue.
AI-written from reports · updated 2 days ago
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- CryptopolitanCircle解释USDC收入分配机制，OUSD合作伙伴收益模式成背景
Circle首席商务官Kash Razzaghi发布文章，解释USDC约$1.4 billion上半年收入如何在分销合作伙伴、运营投入和利润之间分配。其中约$819 million流向钱包、交易所、银行和支付机构及交易成本，约$473 million用于牌照、银行关系、结算流动性、合规和区块链工作，净利润约为每美元收入的7美分。
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