Circle's IPO Reveals Coinbase Earns More From USDC Despite Explosive Growth

Cryptocurrency firm Circle has revealed surprising insights in its recent IPO filingCoinbase earns more from USD Coin (USDC) than Circle itself. Circles largest expense in 2024 was a staggering $908 million paid to Coinbase for USDC distribution.

Source: tokenpost.com

Related symbols: USDCUSD