Investment
Features
FeesSafety
Academy
More
Pluang+

Circle renews Coinbase USDC deal through 2029, rejects quarterly dividends to fund growth

Protocol Fundamentals
06 Aug 2026
Crypto news
View Source
Bullish
pluang ai news

Circle Internet Group has renewed its USDC stablecoin agreement with Coinbase for three more years, extending the partnership through 2029. USDC circulation rose 19% year-over-year to $73.3 billion, with Coinbase holding 30% of the supply on its platform. Circle reported $701 million in quarterly revenue and reserve income, up 7% year-over-year, but chose to forgo quarterly dividends to reinvest in product development, distribution partnerships, and strategic growth opportunities. The renewal solidifies USDC's central role on Coinbase and allows Circle to continue expanding its network with over 150 partners while investing in regulated U.S. infrastructure and compliance.

More News

Mowi ASA to present Q2 2026 results with live webcast and Q&A on August 18, 2026.

Mowi ASA to present Q2 2026 results with live webcast and Q&A on August 18, 2026.

Mowi ASA will present its second quarter 2026 financial results on August 18, 2026, at 08:00 CET in Oslo, Norway. The presentation will be conducted in English and streamed live online, followed by a Q&A session allowing participants to submit questi...

Company Fundamentals
Neutral
36 minutes ago
GCL plans to postpone its shareholder meeting to Dec 1, 2026, to reassess share consolidation needs.

GCL plans to postpone its shareholder meeting to Dec 1, 2026, to reassess share consolidation needs.

GCL Global Holdings Ltd. announced it will propose to adjourn its Extraordinary General Meeting scheduled for August 7, 2026, to December 1, 2026. The company is reassessing its compliance with Nasdaq listing requirements and believes the planned sha...

Company Fundamentals
Neutral
1 hour ago
ARCpoint faces trading halt after failing to file 2026 audited financials by deadline.

ARCpoint faces trading halt after failing to file 2026 audited financials by deadline.

ARCpoint Inc. has been issued a failure-to-file cease trade order by the British Columbia Securities Commission due to missing its July 29, 2026 deadline to file audited annual financial statements and related documents for the year ended March 31, 2...

Market News
Bearish
4 hours ago
ASML rated Buy with 24.7% upside, driven by AI demand and software growth despite geopolitical risks.

ASML rated Buy with 24.7% upside, driven by AI demand and software growth despite geopolitical risks.

ASML Holding N.V. is rated Buy with a 2028 price target of $2,048, implying a 24.7% upside. The positive outlook is supported by strong AI-driven demand for lithography equipment, expansion in EUV and High-NA technologies, and a shift towards higher-...

Analyst Insights
Bullish
4 hours ago
XRP whales quietly buy dips while Ether trades below cost, signaling deeper market capitulation.

XRP whales quietly buy dips while Ether trades below cost, signaling deeper market capitulation.

Large XRP holders have been steadily buying during the token's price drop from $2.40 to around $1.00-$1.20, indicating quiet accumulation rather than panic selling or a breakout. Meanwhile, Ether is trading below its realized price of about $2,450, c...

Technical Signals
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App