In the first quarter of this year alone, Coinbase earned roughly $300 million in distribution payments from Circle, and that's just the start.

Shares of Coinbase Global Inc. fell after the largest US crypto exchange reported lower-than-estimated second-quarter revenue ...

Coinbase clocked $1.5 billion in total revenue, a 25% drop from the previous financial quarter, as the trading platform faced ...

The “one-time” items like the Circle payout and the $307 million data breach are more significant than the quarterly revenue ...

Coinbase Global reported a drop in adjusted profit for the second quarter on Thursday, as gains in subscription and services ...

Coinbase pulled ahead of Circle in Q1 earnings from the very product they built together; USDC. According to JPMorgan, the ...

Revenue from stablecoins, which became a dominant theme and major driver of crypto market action in the second quarter, came in at $332.5 million, about in line with estimates of $333.2 million, per ...

Circle's revenue exploded from $772 million in 2022 to roughly $1.45 billion in 2023. In 2024, revenue grew at a slower rate to $1.68 billion. Circle generated nearly $156 million in profit in 2024.

Circle generated nearly $156 million in profit in 2024. In the first quarter of 2025, Circle reported close to $579 million of revenue and a profit of nearly $65 million.

Additionally, in the third quarter, Circle reported having $400 million in cash. Allaire called the decision to end the contract "disappointing," but insisted that Circle is still committed to ...