This Crypto Stock Just Got Visa, Intuit, and an Entire Country as Partners

2026-02-26 16:04:47 ET

Circle (NYSE: CRCL) , the fintech company best known for issuing the USD Coin (CRYPTO: USDC) stablecoin, went public at $31 on June 5, 2025. It now trades at about $87.

Circle's stock skyrocketed as the demand for its USD Coin stablecoins rose. USD Coin is directly backed by cash and U.S. Treasuries held by regulated custodians, which sets it apart from other stablecoins that rely on opaque assets to maintain their peg to the U.S. dollar.

Image source: Getty Images.

Continue reading