Circle Internet Group (CRCL)
Information Technology · Blockchain stablecoins and financial infrastructure
Circle is a blockchain financial platform anchored by USDC, the world's most widely circulated stablecoin, enabling fast, low-cost settlement and transfer of value across public blockchains and traditional finance.
What Circle Internet Group does
Circle Internet Group is a blockchain-based financial platform company that issues and manages stablecoins (USDC, EURC, USYC) backed by segregated reserves, enabling digital asset transfers across public blockchains. The company operates a full-stack platform consisting of the Arc Layer-1 blockchain, stablecoin infrastructure, and applications like Circle Payments Network and StableFX that facilitate onchain economic activity. Revenue is primarily generated through reserve income earned on assets backing the stablecoins, with the platform anchored by USDC, which has over $75 billion in circulation.
Themes: ["stablecoins / blockchain payments","blockchain infrastructure","digital assets","DeFi / onchain applications","currency and remittances"]
Fundamentals
- Price$63.01 as of 2026-07-09 close
- Market cap$15.7B as of 2026-07-10
- 1-year return-68.6% as of 2026-07-09 close
- Net margin-2.8% as of 2026-07-10
- Gross margin+39.8% as of 2026-07-10
- ROE-2.6% as of 2026-07-10
- Debt / equity0.00 as of 2026-07-10
- Revenue growth (YoY)+51.5% as of 2026-07-10
- Revenue CAGR (3y)+37.6% SEC XBRL
- Beta2.29 as of 2026-07-10
Key risks (from latest filing)
["Regulatory uncertainty around stablecoin issuance and reserve requirements across jurisdictions","Competition from alternative stablecoin issuers and blockchain platforms offering similar functionality","USDC circulation and demand depend on adoption by institutions, developers, and consumers; loss of key integrations or market downturns could reduce stablecoin holdings and reserve income"]
Competitors & peers
- Tether (USDT stablecoin issuer)
- MakerDAO (DAI stablecoin)
- Ripple (XRP / blockchain payments)
- Solana Labs (blockchain infrastructure)
- Coinbase (digital asset exchange / USDC co-issuer on certain chains)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.