What changed
Stablecoin issuer Circle spent 93% of its first-half revenue on distribution, operations, and investment as USDC processed more than $36 trillion in transactions USDC processed $36 trillion in H1 transactions, but Circle kept just 7 cents of every revenue dollar 4 billion in revenue in the first six months of 2026, but $819 million went to distribution partners and transaction costs, while another $473 million covered operating… Read the full story on Crypto Slate Understand the crypto stories.
Why it matters
Macro positioning around USDC can change volatility, liquidity, or sentiment. The concrete detail to watch is stablecoin issuer Circle spent 93% of its first-half revenue on distribution, operations, and investment as USDC processed more than $36 trillion in transactions
Trading lens
Use this as watchful context from cryptoslate.com. Watch whether USDC processed $36 trillion in H1 transactions, but Circle kept just 7 cents of every revenue dollar confirms momentum, invalidates active bias, or changes timing.