Circle (CRCL) Stock Today: Abu Dhabi License, USDCx Launch and 2026 Outlook
Circle Internet Group shares fell 3% to around $86 on December 10, valuing the USDC issuer at $20 billion, still up nearly 180% from its June IPO but over 70% below its peak. The drop follows news of a new Abu Dhabi license, a Bybit partnership, the launch of USDCx, Norges Bank buying in, and strong Q3 earnings that raised questions about reliance on USDC reserve interest.