Pivotal-Point Tracking Circle Internet Group (CRCL): Price increase after US regulatory breakthrough and $21.5 trillion transaction volume!
Reading Time: 1 minute
Circle Internet is at the center of the digital dollar infrastructure as the issuer of the USDC stablecoin. On May 4, a bipartisan deal on the "CLARITY Act" in the US Congress triggered a massive price jump of nearly 20%. This legislation provides legal certainty for stablecoins for the first time. The operational strength was confirmed in the Q1 numbers published on May 11, with on-chain transaction volume exploding by 263% to $21.5 trillion. The USDC circulation increased by 28% year-over-year to $77 billion, resulting in a quarterly revenue of...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
