Policy
Circle's USDC Distribution Costs Hit $412.5 Million in Q2
COINOTAG·September 28, 2026·1 min read
Circle paid $412.5 million to USDC distribution partners in Q2, representing 58.8% of its revenue. The disclosure comes as a Korean regulator warns that fragmented mainnets threaten the stability of the stablecoin system. High distribution costs highlight the expense of maintaining USDC's market position amid growing regulatory scrutiny.
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