Morning Edition · Thursday, August 6, 2026Published at 1:48 AM EDT · New York
Circle Renews Its Coinbase Distribution Deal for Three More Years and Rules Out Dividends
The arrangement that routes most of USDC's reserve income to its largest distributor continues on existing terms, and Circle is directing cash to growth rather than to shareholder payouts.
Circle has renewed its distribution agreement with Coinbase for three years and told investors it will not pay a quarterly dividend, directing capital instead toward growth and partnerships, crypto.news reported. Coinbase Chief Financial Of…
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