Circle’s $13.9 Trillion Stablecoin Paradox: More Payments, Less Profit Per Dollar

T2Covered by 1 source · first reported by PYMNTS at 04 Nov, 16:25 UTC

Circle’s stablecoin business has a problem most payments companies would envy. Its money is moving faster than its earnings can keep up. Per the company’s third quarter 2026 results, announced Wednesday (Nov. 4), Circle’s USDC stablecoin processed $13.9 trillion in on-chain transactions during the…