In brief
- Circle stock hit a new all-time high, rising above $298 at one point on Monday, despite broader market volatility from escalating U.S.-Iran military tensions.
- The USDC issuer’s market cap surpassed its flagship stablecoin’s $61.3 billion valuation just seven trading days after its NYSE debut.
- Circle benefited from a strategic partnership announcement with Fiserv and PayPal to build stablecoin payment infrastructure for 3,000 regional banks.
USDC issuer Circle shot up to the latest in a sequence of all-time highs on Monday, breaking past $298 per share at one point before retreating.
Circle (CRCL), which started trading on the New York Stock Exchange just seven trading days ago on June 13, jumped 24% at one point from the…
Jun 23 2025
