CryptoCoinDeskabout 1 hour ago
Circle Defends USDC Economics Amid Rivalry
2 min read
Circle defends its USDC model, keeping 7 cents profit per revenue dollar in the first half of 2026. The firm generated $1.4 billion, with $819 million going to costs. Coinbase backs a rival network, Open USD, which shares reserve income. Circle argues funds cover compliance and liquidity while maintaining free standard redemptions.
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