On June 15, Circle Internet Corp. rose 6.55% in regular trading, trading at $84.76/share, with turnover of $266 million. The rally was driven by significant business-level catalysts demonstrating the company's dominant position in stablecoin infrastructure.
On the news front, Circle recently completed an approximately $43.97 billion USDC single transfer on the HyperEVM network to Coinbase-related addresses, setting the record for the largest USDC on-chain transfer ever documented. The transaction was settled within a single block in seconds with zero on-chain fees, underscoring the efficiency advantage of blockchain infrastructure for large-scale fund flows. Additionally, Circle minted 1 billion USDC on the Solana network within a 24-hour window, bringing cumulative issuance for the year to 57 billion tokens, signaling sustained business expansion momentum.
The demonstration of large-scale on-chain settlement capability further reinforces market confidence in Circle's core competitiveness within the stablecoin infrastructure space and its growth outlook.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
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