Circle paid $819 million to USDC partners in the first half of 2026
Circle disclosed a first-half 2026 revenue split for USDC, including about $819 million for distribution partners and transaction costs and $473 million reinvested. Another report added that USDC passed $36 trillion in onchain transaction volume and represented about 77% of global stablecoin transaction activity in June, up from 60% a year earlier. One report also said the company’s commercial chief revealed the split in an Oct. 16 blog post.
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What it means
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People tracking USDC, Circle, and stablecoin market share will notice that Circle has published a detailed first-half 2026 revenue split and that USDC has crossed a large onchain volume milestone. The market-share figure in June and the jump from a year earlier are part of the same update, so the shift is visible to competitors and users watching stablecoin usage now.
In practice, Circle’s disclosure shows that a substantial share of first-half revenue was allocated to partners and transaction costs, while another portion was reinvested. Before this update, that breakdown was not spelled out in these terms; the new disclosure makes the split explicit while leaving the underlying USDC activity itself unchanged in the figures provided.
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Where this sits in the USDC series
| When | What happened | Figure |
|---|---|---|
| 11 days ago | USDC a 1 $ high | today it sits -0.0 % from there |
| 1 days ago | USDC a 0.999 $ low | today it sits +0.1 % from there |
From what we have stored, starting 22 days ago.