Circle Details USDC Revenue Split and Partner Costs
Circle reported approximately $1.4 billion in USDC revenue for the first half of 2026, with $819 million allocated to partners and transaction costs.

Circle detailed the revenue breakdown for its $USDC stablecoin during the first half of 2026, according to TheBlock. The company generated about $1.4 billion in total revenue over the period.
Out of the total generated revenue, $819 million was distributed to partners and allocated toward transaction costs. Meanwhile, the firm reinvested $473 million.
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Revenue Allocation
The figures provide insight into the distribution model of the stablecoin issuer, highlighting partner payouts and operational expenses alongside reinvestment strategies during the six-month period.
Key facts
- Circle generated approximately $1.4 billion in USDC revenue in H1 2026.
- Partners and transaction costs accounted for $819 million.
- The company reinvested $473 million.
Source: theblock.co
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