Circle Inks Over 150 Deals for USDC Distribution
Circle has signed distribution cooperation agreements with over 150 companies to promote USDC growth and development through economic incentives.
The company's CEO stated that Circle has a large number of distribution incentive arrangements, with thousands of companies in their network. They select core channels that can drive USDC growth and design distribution incentives based on specific partners and use cases.
Circle and Coinbase jointly introduce large distribution channels, including Hyperliquid, which has 90% of its USDC holdings on the Coinbase platform and 10% on Circle's platform. The revenue-sharing arrangement between Circle and Coinbase splits 'ecosystem economic benefits' 50/50 for USDC outside both platforms.
The CEO mentioned that Circle can establish high-quality distribution cooperation arrangements with large enterprises, like Hyperliquid, and that they see a strong interest from many large enterprises in joining the USDC network.