Circle Wins U.S. Trust Bank Approval
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The stablecoin issuer just got a federal stamp of legitimacy. The stock's problem, however, lies elsewhere.
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month.
Update June 6, 2025: Circle’s debut on the NYSE exceeded expectations. Shares of CRCL opened at $69, more than doubling the IPO price of $31. After reaching an intraday high of $103.75, the stock closed at $83.23—up 168% on the day. The closing price ...
First, let's clarify exactly what Circle is going for with its launch of Arc. For the uninitiated, Circle is the issuer of USDC (USDC +0.01%), the second-largest stablecoin, which has a market value of about $68 billion (as of Aug. 15). Arc is, thus ...
Circle plunged 17.5% in a session, extending its monthly loss past 40%, hit by OUSD, a stablecoin led by 140+ major institutions. Read more here.
The world's largest custody bank is adding USDC custody and minting services as stablecoins move deeper into traditional finance.
Circle Internet Group Inc. shares lost more steam on Wednesday, three weeks after the company's splashy initial public offering, with focus now shifting to other stablecoin plays. Circle's stock (CRCL) has tumbled 24.6% over the past two trading days ...
