CRCL Stock Analysis as USDC Supply Hits $81B, Monthly Volume Hits $6T

Key Insights

• CRCL stock has soared from $48 in February to $115 today.
• The USDC market capitalization has jumped to $81 billion after the recent minting.
• The monthly volume jumped to $6 trillion, higher than USDT.

CRCL stock rally stalled this week as investors booked profits. The price had surged 145% from its lowest level earlier this year.

This stagnation could be the calm before the storm, as the company has some major catalysts. This includes the elevated inflation and soaring USD Coin volume and supply.

CRCL Stock to Benefit as USDC Supply and Volume Jumps

Circle Internet Group has catalysts that could drive growth in the coming weeks. These factors may push CRCL stock to higher levels as investor sentiment strengthens.

One of these is that demand for the USDC stablecoin has continued rising this month. It’s a trend that will continue as the crypto market stabilizes.

Artemis data shows USDC supply has surged to a record $81 billion. This jump follows recent mints by Circle, highlighting growing demand for the stablecoin. The supply has gone parabolic as it stood at over $70 billion on February 1. This means that it has jumped by 15% in a month.

The ongoing supply growth is happening at a time when key USDC statistics are soaring. For example, the number of holders or addresses has jumped to over 14.5 million.

Also, the number of stablecoin transactions has soared to over 1 billion. At the same time, the adjusted transaction volume has risen to $6 trillion.

These numbers are important because, while USDC is a bigger stablecoin than USDT by far, its volume is much higher. According to Artemis, the volume of USDT in the last 30 days stood at $1.2 trillion.

Higher Crude Oil Prices and Interest Rates

Meanwhile, the ongoing Iran war has pushed crude oil and natural gas prices higher. Data compiled by TradingEconomics shows that crude oil has jumped by 71% this year. On the other hand, gasoline, heating oil, and coal have jumped by 77%, 90%, and 28%, respectively.

Therefore, these numbers mean that inflation, which was cooling before the Iran war, will start going upwards in the coming months. Some analysts see inflation rising from 2.4% in February to over 3%.

The Federal Reserve, once expected to cut rates mid-year, will likely keep them higher for longer. This shift reflects its cautious stance on inflation and economic stability. In a statement this week, Goldman Sachs analysts predicted that the bank will deliver just one rate cut this year.

As a result, US bond yields have remained at an elevated level in the past few weeks. The ten-year yield has jumped to 4.28%, while the 30-year rose to 4.9%.

Higher interest rates are important for Circle Internet stock because of its business model. The company makes money by investing its resources in short-term government bonds.

As such, rising bond yields, coupled with the rising USDC market cap, mean that the company’s revenue will continue doing well.

These metrics explain why Wall Street analysts are upbeat about the company’s growth this year. Yahoo Finance data revealed that it will make over $3.13 billion this year. That’s a 13% increase from the $2.75 billion it made last year. It will then make $4.3 billion in the coming year.

Chances are that its revenue and profitability will be higher than what analysts expect. Also, the USDC supply and interest rates are higher.

Additionally, other Circle products are doing well. USYC has become the world’s largest tokenized money market fund. It now manages over $2.3 billion in assets under management (AUM).

CRCL Stock Price Technical Analysis

The daily chart shows that the CRCL stock has rebounded in the past few weeks. It moved from the year-to-date low of $48 to the current 115. It has climbed above the 23.6% Fibonacci Retracement level. The price also broke the key resistance at $90, its highest point in December 2025.

The stock has jumped above the 50-day Exponential Moving Average (EMA) and the Supertrend indicator. Therefore, the stock will likely keep rising, with the next key target being the 50% Fibonacci Retracement level at $174. This target is about 50% above the current level.

The post CRCL Stock Analysis as USDC Supply Hits $81B, Monthly Volume Hits $6T appeared first on The Market Periodical.