Circle paid $819 million, or 59 cents per dollar of H1 2026 revenue, to distribution partners and transaction costs

From the articleUSDC processed $36 trillion in H1 transactions, but Circle kept just 7 cents of every revenue dollarAlso in Circle defends USDC economics as stablecoin rivals court its partners with bigger cut, Circle defends USDC model, reveals just 7 cents profit per dollar, Circle defends USDC economics as OUSD courts its partners - Cryptopolitan