Circle Internet (CRCL) Stock Rises 10% as USDC Transaction Growth Outpaces Tether
TLDR
- CRCL stock jumped 9.56% in regular trading and climbed a further 2.37% after hours to $80.45
- USDC transactions rose 209% year-over-year in H1 2026, while Tether’s USDT activity declined
- Bitcoin surged nearly 8% to touch $70,000, lifting crypto-linked stocks including Circle
- President Trump met with crypto executives at the White House, pushing for passage of the CLARITY Act
- CRCL has a consensus Moderate Buy rating with an average price target of $98.61
Circle Internet Group (CRCL) had a strong session on August 19, with the stock climbing 9.56% to $78.59 during regular trading. After the bell, it pushed higher again, gaining another 2.37% to $80.45.
The move was driven by two things happening at once: fresh data showing USDC gaining ground on Tether, and a broad rally across crypto-linked names.
USDC transactions jumped 209% year-over-year in the first half of 2026, with transaction volume up 101% over the same period. Meanwhile, Tether’s USDT saw its transaction activity decline, though it remains the market leader.
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