USDC processed $36 trillion in H1 transactions, but Circle kept just 7 cents of every revenue dollar

5 outlets reporting

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$36T

USDC H1 transactions

$USDC

$72.4B mcap

Stablecoin issuer Circle spent 93% of its first-half revenue on distribution, operations, and investment as USDC processed more than $36 trillion in transactions. The stablecoin issuer generated about $1.4 billion in revenue in the first…