Circle Confirms Renewal of USDC Cooperation Agreement with Coinbase, Excludes Quarterly Dividend Plan
- Circle has renewed its USDC collaboration agreement with Coinbase, with terms unchanged.
- USDC continues to be integrated into various Coinbase products.
- Circle did not disclose specific economic terms of the renewal.
- Circle ruled out a quarterly dividend plan, stating that investment returns exceed paying dividends.
- Circle's Q2 total revenue reached $701 million, a 7% year-on-year increase.
Circle confirmed during its Q2 earnings call that it has renewed its USDC collaboration agreement with Coinbase, with terms unchanged. USDC continues to be deeply integrated into Coinbase's various products. Circle did not disclose the specific economic terms of the renewal.
Additionally, Circle ruled out a quarterly dividend plan. The CFO stated, "We believe the returns from investing in the platform far exceed paying quarterly dividends," indicating a preference to use capital for growth rather than returning cash to shareholders.
In its Q2 report, Circle announced that total revenue and reserve income reached $701 million, marking a year-on-year increase of 7%. At the end of the quarter, USDC in circulation stood at $73.3 billion. The company has over 150 distribution agreements and is actively expanding USDC distribution channels.
Circle确认与Coinbase续签USDC合作协议，排除季度分红计划
Circle在第二季度财报电话会议中确认，与Coinbase续签了USDC合作协议，条款保持不变。USDC继续深度整合到Coinbase的多种产品中。Circle未透露续签的具体经济条款。
此外，Circle排除了季度分红计划。首席财务官表示：“我们认为投资平台的回报远超过支付季度分红的收益”，这表明公司更倾向于将资本用于增长，而不是将现金返还给股东。
在第二季度报告中，Circle宣布总收入和储备收入达到7.01亿美元，同比增长7%。截至季度末，流通中的USDC达到733亿美元。该公司拥有超过150个分销协议，并积极扩展USDC的分销渠道。