DeFi· ★★★· bullish·

Circle says USDC settled $36 trillion in first half of 2026

  • —USDC onchain volume topped $36 trillion in H1 2026
  • —Revenue hit $1.4 billion, with $819 million paid to partners (59 cents per dollar)
  • —USDC's share of stablecoin transaction volume rose to 77% from 60% a year earlier
  • —Coinbase held an average $20 billion in USDC in Q2, up 44% year over year
Why it matters: Circle disclosed USDC's economics amid competition from cheaper stablecoins, reinforcing its dominance in settlement flows.
Source: Blockchain.News