Circle Internet Group Stock Faces a Big Q1 Earnings Test as USDC Stablecoin Rules Shift
Circle will report first-quarter earnings Monday before the market opens, with analysts expecting 19 cents a share and $715 million in revenue. The update comes ahead of a Senate Banking Committee meeting on a crypto bill that could affect stablecoin rewards. USDC circulation rose 72% last quarter to $75.3 billion. Circle’s stock is up nearly 40% this year, trading around $111.