Circle Makes $1.4B in Revenue but Keeps Just 7% as Profit

Circle generated about $1.4 billion in revenue during the first half of 2026, but retained only about 7 cents of net profit for every dollar earned after partner payments and infrastructure spending. Circle is putting numbers behind the economics of running one of crypto’s largest stablecoins. The company generated approximately $1.4 billion in revenue in the first half of 2026, according to Chief Commercial Officer Kash Razzaghi . Of that, about $819 million (59%) went to USDC distribution partners and transaction costs. Another $473 million, roughly 34%, was spent on licensing, banking relationships, liquidity, compliance, product development and blockchain integrations.

Source: Bitcoin.com News