#Circle ($CRCL ) surged 9.33% at yesterday’s U.S. market close, ending at $86.97. In premarket trading, the stock briefly fell to around $75, down more than 5%, after news that executives were reducing their holdings. But buying continued to pour in after the opening bell, quickly absorbing the selling pressure, and market sentiment reversed sharply.
EU regulators designated USDC as the first “significant e-money token” under the MiCA framework, substantially strengthening its regulatory standing and prospects for long-term adoption. This was further supported by the company’s recent fundamentals, with both revenue and profit growing.
EU regulators designated USDC as the first “significant e-money token” under the MiCA framework, substantially strengthening its regulatory standing and prospects for long-term adoption. This was further supported by the company’s recent fundamentals, with both revenue and profit growing.