Circle reports USDC generated $819 million in H1 2026 revenue split among partners and operational costs, with the stablecoin processing $36 trillion in onchain volume.
DeFi & Yields ·
Circle reported that USDC generated $819 million in the first half of 2026, with proceeds distributed among partners and operational costs. The stablecoin processed more than $36 trillion in onchain transaction volume during the period, according to Circle's disclosure.
In June 2026 specifically, USDC accounted for approximately 77% of global stablecoin transaction volume, positioning it as the dominant player in the stablecoin market by this measure. The revenue and volume figures underscore the scale of activity flowing through the USDC network over the six-month window.
The breakdown of how the $819 million was split between partner distributions and Circle's own operational expenses remains unspecified in available disclosures, as does whether this revenue level represents growth or decline relative to prior periods.