[Circle Confirms Renewal of USDC Partnership Agreement with Coinbase and Rules Out Quarterly Dividend Plan] (According to Bitcoin.com News) Circle confirmed during its Q2 earnings call that it has renewed its USDC partnership agreement with Coinbase, with terms unchanged. USDC will continue to be deeply integrated into various Coinbase products. Circle did not disclose the specific economic terms of the renewal. At the same time, Circle ruled out a quarterly dividend plan. The CFO stated, 'We believe the returns from investing in the platform far exceed paying quarterly dividends.' The company prefers to allocate capital toward growth rather than returning cash to shareholders. Circle's total revenue and reserve income for Q2 reached $701 million, a 7% year-over-year increase, with USDC circulation at $73.3 billion by the end of the quarter. The company has over 150 distribution agreements and is expanding USDC distribution channels.