Circle Stock Closes 4% Up as EURC Stablecoin Crosses €400 Million Milestone
Key Insights:
- Circle stock (CRCL) price gained 4.15% as EURC circulation crossed €400 million.
- EURC supply has grown more than 100% over the past year.
- Circle is expanding EURC across blockchains, exchanges, and payment networks.
Circle stock gained 4.15% as EURC crossed €400 million in circulation, marking stronger growth for Circle’s euro stablecoin. CRCL stock price also remains in focus as investors track the company’s progress. Notably, Circle stock now has another growth area to watch.
Circle (CRCL) Stock Gains As EURC Supply Passes €400 Million
Circle stock closed at $74.59 on August 17, up $2.97, or 4.15%, and up 3% in the trailing five-day period, Google Finance data showed. The move came as Circle highlighted on X a new milestone for EURC, its euro-pegged stablecoin, which has now passed €400 million in circulation.
Besides the CRCL stock price, the company said EURC supply has grown by more than 100% over the past year. Its rise has come as the stablecoin has found more use across exchanges, payment flows and institutional work.
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