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Circle’s 7% USDC Profit Margin Exposes a $655M Coinbase Dilemma

Circle’s 7% USDC Profit Margin Exposes a $655M Coinbase Dilemma

Photo: Pixabay (illustration)

Summary: Circle says it retained 7% of approximately $1.4 billion in first-half 2026 revenue after distribution costs and operating expenses.

Source: Coinspress

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