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Why Does Circle Keep Just 7 Cents for Every $1 It Earns?

2026-10-19 00:01:16 Source: BlokWiki News
By Kash Razzaghi, Chief Business Officer of Circle; compiled by Azuma; published by OdailyNews.
Editor’s note: Circle (CRCL), dubbed the “first stablecoin IPO,” has long been a market favorite whenever crypto-related themes gain traction. Yet for many CRCL investors, one highly divisive issue persists: to achieve optimal distribution, Circle funnels the majority of its revenue to distribution partners—including Coinbase, Hyperliquid, and Binance. Some argue this is the core factor suppressing CRCL’s stock price; others contend it’s essential to safeguarding USDC’s fundamentals… Recently, Chief Business Officer Kash Razzaghi penned an article himself, detailing the specifics of this expenditure…
#Circle #USDC #Coinbase #Hyperliquid #Binance