Why Circle Stock Jumped Today
The Motley Fool·2025-12-16 22:21

Core Insights - Circle Internet Group's shares increased by nearly 10% following Visa's launch of a new stablecoin settlement service in the U.S. [1] Group 1: Visa's Stablecoin Initiative - Visa's banking partners will be able to settle obligations using Circle's fully reserved, dollar-denominated stablecoin, USDC [3] - The new settlement service promises faster fund transfers via blockchain technology, available on weekends and holidays, without altering the card user experience [3] - Visa aims to enhance treasury efficiency while ensuring security, compliance, and resiliency standards [4] Group 2: Market and Financial Data - Circle Internet Group's current stock price is $7.04, with a market capitalization of $18 billion [5][6] - The annualized stablecoin settlement volume for Visa has already exceeded $3.5 billion [7] - Initial banking partners for the new service include Cross River Bank and Lead Bank, with plans to expand to more clients by 2026 [6]

Why Circle Stock Jumped Today - Reportify