Circle (CRCL) Stock Soars on Stablecoin Boom – Investors Buzz Over Crypto Partnerships
Key Facts: Circle Internet Group (NYSE: CRCL) is a fintech firm behind major digital currencies (US Dollar Coin USDC and Euro Coin EURC). It went public in June 2025 at $31 per share and quickly surged about 6× to ~$200 after U.S. stablecoin legislation passed reuters.com. Today it ranks as the second-largest stablecoin issuer (USDC market cap ~$73B) investing.com. The company has formed high-profile partnerships – e.g. teaming with Kraken (Sep ’25) to boost USDC/EURC trading circle.com and an MOU with Deutsche Börse (Sept 2025) to integrate stablecoins into European markets circle.com. Founder/CEO Jeremy Allaire (ex-Goldman exec) leads a small management team focused on expanding a global payments network. CRCL stock has climbed ~80% over