Circle defends USDC model, reveals just 7 cents profit per dollar
Photo: Crypto Briefing
The stablecoin giant breaks down where every revenue dollar goes as competition from fee-free rivals heats up. Running a compliant stablecoin turns out to be an expensive business. Circle, the issuer of USDC , disclosed that for the first half of 2026 it retained just 7 cents of net profit for every dollar in revenue, a figure the company is presenting not as an apology but as a feature. The disclosure came via a blog post from Chief Commercial Officer Kash Razzaghi, published October 16, 2026, and it reads as a direct counter-punch to a new wave of stablecoin competitors…
Source: Crypto Briefing
