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How Circle Makes Money From USDC—and Why Reserve Income Is Not Profit

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How Circle Makes Money From USDC—and Why Reserve Income Is Not Profit

How Circle Makes Money From USDC—and Why Reserve Income Is Not Profit

Circle’s second-quarter accounts trace $701.315 million in revenue and reserve income to $48.214 million in net income, after distribution costs, operating expenses and taxes.

Circle’s second-quarter accounts trace $701.315 million in revenue and reserve income to $48.214 million in net income, after distribution costs, operating expenses and taxes.

svg]:px-3 text-sm font-normal text-accent-foreground border rounded-lg px-4 py-2 hover:bg-cta-primary-background" data-slot="button" href="/tag/circle">Circle svg]:px-3 text-sm font-normal text-accent-foreground border rounded-lg px-4 py-2 hover:bg-cta-primary-background" data-slot="button" href="/tag/usdc">USDC svg]:px-3 text-sm font-normal text-accent-foreground border rounded-lg px-4 py-2 hover:bg-cta-primary-background" data-slot="button" href="/tag/stablecoins">Stablecoins

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