# Circle says 59 cents of each revenue dollar went to USDC partners and transaction costs

Canonical page: https://technooptimist.io/stories/circle-says-59-cents-of-each-revenue-dollar-went-to-usdc-partners-and-7f99152f
Date: 16 Oct 2026
About: [Circle](https://technooptimist.io/companies/circle.md) · [USDC](https://technooptimist.io/crypto/usdc.md)
Original source: https://unchainedcrypto.com/circle-says-59-cents-of-each-revenue-dollar-went-to-usdc-partners-and-transaction-costs/

In a post dated October 16, Circle said about $819 million of its roughly $1.4 billion first-half 2026 revenue went to USDC partners and transaction costs. About a third went back into licenses, bank relationships, settlement liquidity, compliance and new products, leaving 7 cents of net profit per revenue dollar.

## Key facts

- The post does not split the $819 million between partners and transaction costs.
- About $473 million, roughly 34 cents per dollar, went to licenses, bank relationships, settlement liquidity, compliance, new products and blockchain integrations.
- USDC handled more than $36 trillion of onchain volume in the first half, and Circle says it had roughly 77% of global stablecoin transaction volume in June.
- Coinbase held a record average of $20 billion in USDC in its products in the second quarter, up 44% year over year.
- Binance bought $100 million of Circle stock as part of a five-year commercial deal.

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