Odaily Planet Daily reports that Circle published an article revealing that, in the first half of 2026, on-chain transaction volume for USDC exceeded $36 trillion, with total minting and redemption exceeding $315 billion, averaging approximately $1.7 billion per day. As of June, USDC's share of global stablecoin transaction volume rose from 60% a year ago to approximately 77%.
Circle stated that the company generated approximately $1.4 billion in revenue in the first half of the year, with $819 million allocated to USDC distribution partner payouts and transaction costs, accounting for 59% of total revenue. An additional $473 million was invested in infrastructure, including licenses, banking partnerships, settlement liquidity, compliance, and product development, representing approximately 34% of revenue. Net profit accounted for about 7% of total revenue.
Circle notes that over 150 partners currently participate in the USDC ecosystem yield distribution, with partners able to earn a share of reserve yields by increasing their USDC holdings. Additionally, all Circle customers can redeem USDC for free through standard channels, typically settled within two business days; eligible Circle Payments Network and Circle Platform customers also enjoy 24/7, near-real-time free redemption services.