Circle Stock Jumps 35% on Stablecoin Boom, USDC Supply Soars 72%

Shares of stablecoin issuer Circle soared by an impressive 35% today, driven by the explosive growth of its flagship token, USDC. The Circle stock demonstrates strong market resilience after the entire cryptocurrency market crashed, with the shares reaching their highest point since the company went public in the previous year.

USDC Growth Lifts Circle Stock to Biggest Gain Since IPO

The Circle stock price has seen a significant uptick, especially after releasing its Q4 financial report. According to Yahoo Finance data, the shares closed at $83.14, surging by a massive 35.47% in a single trading session.

In after-hours trading, the Circle stock edged slightly higher to $83.34, adding another $0.24, marking a 0.20% hike. The rally demonstrates high investor demand, while the market momentum maintained its strength even after trading ended.

Over the last five days, the shares have soared by 31%. At the same time, the CRCL shares saw a notable increase of about 16% over the past month. This indicates that the stocks are able to attract investors and sustain short-term gains despite a broader market downturn.

Interestingly, Circle was one of the biggest beneficiaries of Wednesday’s crypto market rally, during which Bitcoin surged by about 10%. Despite this strong uptrend, the Circle stock is still down by about 70% from its all-time closing high of $263 on June 23, 2025. However, today’s rally marks the company’s biggest single-day gain since its IPO.

It is worth noting that the latest stock price surge coincides with the Circle’s release of its Q4 earnings report. As CoinGape reported, the Circle stock value increased by 30% when the company announced its Q4 revenue results of $770 million, which exceeded analyst predictions of $745 million by 3%.

USDC Supply Jumps 72% as Stablecoin Demand Accelerates

Significantly, the latest surge in the Circle stock price is driven by the increasing demand for stablecoins and the impressive growth of USDC. The circulation of USDC experienced a 72% year-over-year increase, reaching $75.3 billion.

The demand for stablecoins has increased from investors and institutions, which has led to this sudden market surge. For example, Mark Zuckerberg’s Meta plans to use stablecoins across its various platforms, including Facebook, WhatsApp, and Instagram.

Reportedly, Circle recorded a reserve return rate of 3.8% in Q4 2025. It is worth noting that the company generates most of its revenue from the interest earned on its USDC stablecoin, which is largely held in US government securities and cash equivalents.