What’s causing Circle’s CRCL stock to surge 30% today?

crypthub

about 4 hours ago

Q4 Earnings Propel Share Rally

Circle Internet Group (CRCL) jumped over 30% after a Q4 beat, trading near $79.13. Revenue hit $770 million, up 77% YoY, while net income rose to $133 million from $4 million. EPS was $0.43 versus analysts’ $0.16, and adjusted EBITDA surged to $167 million, four‑times the prior year. Margins after distribution costs reached 40.1%, beating expectations.

USDC Adoption Accelerates

USDC in circulation doubled to $76.2 billion, a 72% increase year‑over‑year, making it the second‑largest stablecoin behind Tether. Circle set a multi‑year target of 40% CAGR for USDC, aiming to grow market share. Transaction volume tied to USDC climbed to $11.9 trillion, up 247%. CEO Jeremy Allaire highlighted expanding enterprise and public‑sector usage.

Product Expansion and Network Growth

EURC circulation rose 284% to €310 million and USYC assets reached $1.5 billion. The Arc testnet processed over 166 million transactions with near‑100% uptime, and daily avg. volume hit 2.3 million. Partnerships with Visa and Intuit support an upcoming mainnet launch later this year.

Regulatory Milestones and Annual Loss

Circle received conditional OCC approval to form a national trust bank, advancing its banking footprint. Despite a $70 million net loss for 2025, the loss was driven mainly by $424 million stock‑based compensation tied to its IPO. Quarterly growth metrics outweighed the loss, sustaining investor enthusiasm.