Circle Internet Group (NASDAQ: CRCL) is capturing Wall Street’s attention after its trading volume briefly outpaced Nvidia, while its valuation climbed above $62.9 billion.
The move reflects renewed investor interest in US-regulated stablecoins and the broader digital infrastructure powering them.
$62.9B Valuation Puts Circle Ahead of USDC Supply
Shares of Circle gained more than 11% on Monday, building on last week’s 80% rally sparked by the Senate’s approval of the GENIUS Act. The bill, seen as a major step toward stablecoin regulation, has positioned Circle at the center of institutional bets on compliant crypto infrastructure.
With USDC supply hovering near $61 billion, CRCL’s market cap now exceeds the outstanding value of its own stablecoin. Trading activity briefly surpassed Nvidia in dollar volume, placing it second only to Tesla.
Circle’s market cap ($62.9B) is now higher than all outstanding USDC (~$61B) pic.twitter.com/6LiSRMCvhc
— Garrett Skrovina
We współpracy z: https://www.coinspeaker.com/circle-overtakes-nvidia-trading-volume-crcl-soars-stablecoin-buzz/
