Stablecoin issuer Circle jumps after Q4 revenue beat

Circle Internet

25/02/2026 11:54

** Stablecoin issuer Circle Internet Group's CRCL.N shares jump 13.4% to $69.58 premarket

** CRCL's Q4 total revenue and reserve income jumps 77% to $770 million, surpassing Wall Street estimate of $739.5 million - data compiled by LSEG

** Circulation of stablecoin USDC soars 72% to $75.3 billion in the quarter

** "USDC adoption continued to expand globally as more enterprises, developers, and public institutions integrated digital dollars into real-world payments, treasury, and onchain financial workflows" - CEO Jeremy Allaire

** 12 of 27 brokerages rate the stock "buy" or higher, 13 "hold" and two "strong sell"; median PT $104 - data compiled by LSEG

** As of last close, CRCL shares down 22.6% YTD

(Reporting by Arasu Kannagi Basil in Bengaluru)

((ArasuKannagi.Basil@thomsonreuters.com;))