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Circle defends USDC economics as stablecoin rivals court its partners with bigger cut

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Circle defends USDC economics as stablecoin rivals court its partners with bigger cut

Coinbase, Circle’s largest USDC partner, also backs Open USD, a rival network that passes reserve income to partners after a management fee.

Circle defends USDC economics as stablecoin rivals court its partners with bigger cut

Source：CoinDesk

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Source：https://www.coindesk.com/business/2026/10/17/circle-defends-usdc-economics-as-stablecoin-rivals-court-its-partners-with-bigger-cut