Circle Competes for USDC Revenue Sharing
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AI-assisted source synthesis · not an independent investigation.
On October 18, 2026, CoinDesk reported that Circle is defending USDC’s economic model. Meanwhile, stablecoin competitors are seeking to partner with companies that work with Circle by offering higher revenue shares. The report noted that Coinbase is Circle’s largest USDC partner and also supports the competing network Open USD. After deducting management fees, Open USD distributes reserve income to its partners. The report did not disclose the specific revenue-sharing ratio, nor did it say whether Coinbase had consequently changed its partnership arrangements with Circle.
AI-written from reports · updated 16 hours ago
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- CoinDeskCircle为USDC经济模式辩护,稳定币竞争对手以更高分成争取其合作伙伴
Circle为USDC经济模式辩护之际,稳定币竞争对手正以更高分成争取其合作伙伴。Coinbase是Circle最大的USDC合作伙伴,同时支持竞争网络Open USD;后者在扣除管理费后,将储备收益分配给合作伙伴。
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