CoinMeta Data: Stablecoin issuer Circle reported revenue of $1.4 billion in the first half of 2026. Of this, $819 million was used to pay USDC distribution partners and cover transaction costs, while $473 million was spent on licensing, banking partnerships, liquidity, and compliance expenses. The net profit margin was approximately 7%. Circle holds over 55 licenses and registrations, collaborates with more than 25 banks, and has deployed native USDC on over 35 blockchains. In the first half of the year, USDC had a minting and redemption volume of over $315 billion, with over $36 trillion in on-chain transactions. In June, it accounted for 77% of global stablecoin transactions, and the minting and redemption volume in the second quarter reached $170 billion, representing a year-on-year increase of 105%.