
Circle Renews Coinbase USDC Deal and Rules Out Dividends
Circle Says No to Quarterly Dividends as Growth Takes Priority Circle Internet Group is keeping two pillars of its capital strategy intact: its partnership with Coinbase and its preference for reinvesting cash rather than returning it to shareholders. The NYSE-listed stablecoin issuer said during its second-quarter earnings call that its agreement with Coinbase had been renewed without changes to its existing terms. The arrangement keeps $USDC deeply integrated across Coinbase’s products. “Our agreement with Coinbase has renewed on its existing terms, ensuring that $USDC remains central across all of Coinbase’s products,” Circle CEO Jeremy Allaire said. Circle did not disclose…








