Circle Internet Group (CRCL), issuer of the USDC stablecoin, has surged dramatically, achieving a record-breaking daily trading volume of $62 million.
This milestone, reported on Wednesday, June 18, 2025, coincides with the U.S. Senate’s passage of the GENIUS Act. This is a landmark bill that establishes clear guidelines for stablecoin issuers.
Consequently, CRCL’s stock soared 30%, closing at $199.59, reflecting robust investor confidence.
The legislation promises to legitimise stablecoins and position Circle as a leader in digital finance.
Meanwhile, the company’s compliance-first approach and strategic partnerships fuel its meteoric rise.
In this article, CryptoGuide GH explores CRCL’s performance against other crypto stocks. We will evaluate its investment potential and highlight how CRCL has already created millionaires.
Circle (CRCL)’s Stellar Performance against Crypto Stocks
CRCL has outpaced many competitors since its June 5, 2025, IPO, which priced shares at $31. The stock has soared more than 500% since its opening day trading price.
Comparatively, Coinbase (COIN) gained 16% on June 18, 2025, riding the GENIUS Act’s tailwinds but lags CRCL’s explosive growth.
PayPal (PYPL), a fintech giant with crypto offerings, has seen modest gains, constrained by its broader payment network focus.
Meanwhile, NVIDIA (NVDA), a chipmaker indirectly tied to crypto via mining hardware, reported stable but unremarkable stock performance.
Other crypto-related firms like Riot Platforms (RIOT) and Mara Holdings (MARA) trail CRCL’s 500% post-IPO surge. Consequently, Circle’s focus on stablecoins and regulatory compliance gives it a unique edge.
Furthermore, institutional investments from BlackRock and ARK Invest bolster CRCL’s market dominance. Thus, CRCL outperforms most peers, capitalising on stablecoin adoption and legislative clarity.
Why CRCL Excels in the Crypto Market
Circle’s success stems from its innovative USDC stablecoin, holding $61 billion in circulation.
Additionally, its Cross-Chain Transfer Protocol (CCTP) enables seamless USDC transfers across blockchains, improving utility.
The Circle Payments Network (CPN) offers programmable settlements for KYC-compliant institutions, rivalling the Society for Worldwide Interbank Financial Telecommunication (SWIFT).
Unlike PayPal, which integrates crypto as a secondary offering, Circle focuses solely on blockchain infrastructure.
Moreover, NVIDIA’s crypto exposure remains indirect, limiting its upside compared to CRCL’s direct stablecoin market play.
Coinbase, while a key partner, relies heavily on CRCL’s USDC for revenue, sharing $908 million in 2024.
Therefore, Circle’s capital-light model and regulatory alignment position it as a frontrunner.
The GENIUS Act’s passage further amplifies CRCL’s potential, fostering trust and adoption.
Circle’s IPO: The Impact of Going Public on the Cryptocurrency Industry
Is CRCL a Good Investment?
Investing in CRCL offers compelling opportunities but carries risks due to its reliance on interest income.
Currently, 99% of Circle’s $1.6 billion 2024 revenue comes from investing USDC reserves in U.S. Treasuries.
However, falling interest rates could reduce yields, impacting profitability.
Nevertheless, Circle’s diversification into Circle Payment Network (CPN) and United States Yield Coin (USYC), a yield-bearing tokenised fund, mitigates this risk.
As of publication, there were 203 million shares outstanding. Analyst estimates suggest that this could push earnings per share (EPS) up to between $6.00 and $8.00. With a share price of $200, corresponding to a market cap of $48 billion, CRCL outperforms General Motors (GM), Société Générale, Target (TGT), and Mitsubishi Electric.
Additionally, partnerships with Visa and BlackRock enhance CRCL’s credibility. However, volatility in crypto markets and regulatory shifts pose challenges. Thus, CRCL suits risk-tolerant investors betting on stablecoin growth.
How CRCL Has Created Millionaires
Since its IPO, CRCL’s 500% surge has transformed early investors into millionaires, showcasing its wealth-creation potential. For instance, an investor purchasing 10,000 shares at $31 ($310,000 capital) during the IPO would hold a position worth $1.99 million at $199.82.
Institutional players like ARK Invest, which bought $150 million in shares, have seen massive gains.
Similarly, SBI Holdings’ $50 million investment has appreciated significantly, reflecting strong institutional faith.
Retail investors, too, have capitalised on CRCL’s rally, with posts on X (formerly Twitter) highlighting its 500% rise above IPO prices.
However, profit-taking, like Ark Invest’s sale of a little over 300,000 shares, suggests volatility.
Nevertheless, CRCL’s compliance focus and stablecoin leadership continue attracting investors.
Consequently, early adopters have reaped substantial rewards, with more potential as stablecoins grow.
What’s the Road Ahead for Circle (CRCL)?
Circle’s trajectory hinges on expanding USDC adoption and diversifying revenue beyond interest income.
The GENIUS Act’s framework, if passed by the House, will solidify CRCL’s regulatory edge.
Furthermore, Citigroup Inc. analysts estimate stablecoin market projections at $400 billion by 2025 and $3.5 trillion by 2030, offering vast growth opportunities.
Circle’s partnerships with traditional finance giants like Visa position it to capture this market.
However, competition from Tether and regulatory uncertainties remain hurdles.
Additionally, CRCL’s high distribution costs, particularly to Coinbase, challenge profitability.
Despite this, its innovative products and institutional backing make it a standout.
Ultimately, CRCL’s ability to scale USDC and maintain compliance will determine its long-term success, potentially redefining digital finance.
Written by Raphael Minter
1 Comment
Its great to know that the stock price of Circle continues to go up due to extensive volume. This bodes well for the cryptocurrency industry seeing institutional liquidity within the economy.