According to CoinMeta, Circle indicates that the cooperation agreement with the cryptocurrency trading platform Coinbase has been renewed under the existing terms, and USDC will continue to be integrated into various products of Coinbase. The company has not disclosed the specific economic terms of the renewal agreement. Circle reported total revenue and reserve income of $701 million in the second quarter, a year-on-year increase of 7%. At the end of the quarter, USDC had a circulation volume of $73.3 billion. Currently, Circle has signed distribution agreements with over 150 partners, providing economic incentives for the adoption and promotion of USDC. Circle, the Chief Financial Officer, stated that the company has no plans to issue quarterly dividends at this time, and will prioritize investing funds in business growth while maintaining the flexibility of its balance sheet to support investments and strategic opportunities in different market cycles.