Circle Internet Group (NYSE: CRCL) is a popular cryptocurrency firm that is best known for its USDC stablecoin. It recently acquired IBM’s blockchain patent portfolio, adding more than 680 patent families and nearly 1,000 issued patents worldwide to its intellectual property.
The company is set to report its financial results for the second quarter of 2026 on Aug. 5.
Related: Explained: What is a stablecoin?
Analyst cuts Circle stock target by 25%
Ahead of the earnings, Bernstein lowered its price target on the Circle stock by 25% from $190 to $140.
USDC supply ended Q2 2026 at approximately $73 billion, down from $77 billion in Q1. The average supply rose modestly from…
