Circle USDC revenue breakdown for the first half of 2026

Stablecoin issuer Circle has disclosed a detailed breakdown of its financial performance, showing that Circle USDC revenue reached approximately $1.4 billion in the first half of 2026. According to the report from The Block, the firm distributed a significant portion of these earnings toward operational costs and partners.

Specifically, about $819 million of the total revenue went directly to partners and transaction costs during the first six months of the year. Meanwhile, the company chose to reinvest the remaining $473 million back into its operations and growth initiatives.