Latest US Stock Market News – $CRCL shares gained 3% on July 28, 2025, as USDC’s market cap hit $61.4 billion, bolstered by the GENIUS Act’s stablecoin framework, passed in June.
Since its June 5 IPO at $31, the stock, now at $199.59, has soared 550%, driven by stablecoin demand in payments and DeFi. Q2 earnings, due July 30, are projected to show revenue of $250 million, up 30%, with USDC’s 51% Q1 revenue growth for $COIN partners.
Tariff risks on tech infrastructure could raise costs, but $CRCL’s $1 billion cash reserve supports expansion. The stock trades at a forward P/E of 45, reflecting high growth expectations. $AAPL’s interest in stablecoin payments for Apple Pay ties this to Consumer Tech.
Investors should monitor Q3 guidance for USDC adoption trends, as competition from Tether intensifies. Compared to $COIN, $CRCL’s pure-play stablecoin focus carries higher risk but strong upside. The stock’s rally aligns with 86% S&P 500 earnings beats, positioning $CRCL as a leader in crypto stocks.
