USDC Expansion Drives Circle’s 35% Stock Surge After Blowout Q4 Earnings
Circle Internet Group's stock soared 35.47% following a Q4 earnings report that shattered expectations. Revenue hit $770 million, marking a 77% year-over-year increase, while adjusted EBITDA skyrocketed 412%. The company's USDC stablecoin now circulates $75.3 billion—a 72% expansion—with transaction volume growing 247%.
Analysts highlight USDC's potential in the $20 trillion cross-border B2B payments market. William Blair maintained its Outperform rating as Circle Payments Network nearly doubled institutional participation to 55 firms.
Despite a $70 million annual loss attributed to stock-based compensation, full-year revenue grew 64% to $2.7 billion. Trading volume spiked 407% above average, reflecting renewed market confidence in crypto infrastructure plays.
