Circle Reveals $819 Million USDC Payouts As Stablecoin Economics Come Under Scrutiny

Your call?🐂 Bullish🐻 Bearish

$819M

USDC distribution costs

$USDC

$72.53B mcap

Circle says it generated roughly $1.4 billion in first-half 2026 revenue while spending $819 million on distribution partners and related costs. The disclosure highlights the expense of building a widely used stablecoin payment network.…