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AscendEX (Formally BitMax) |
By Oluwapelumi Adejumo at 2026-10-16 15:36
Sentiment: Positive
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 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 CryptoSlateUnderstand the crypto stories that matter and what to watch next. Get The Catalyst in your inbox Continue reading...
Categories: Featured
Tags: #Featured #Stablecoins
Source CryptoSlate