Why Circle Internet Stock Soared Today
The Motley Fool
by newsfeedback@fool.com (Joe Tenebruso)February 26, 2026
AI-Generated Deep Dive Summary
Circle Internet Group’s stock price surged by over 35% on Wednesday, driven by impressive growth metrics. The company reported a 69% year-over-year increase in reserve income to $733 million, despite a 68 basis point decline in the reserve return rate due to Federal Reserve rate cuts. This growth was fueled by a 100% rise in the average amount of its flagship stablecoin, USDC, in circulation.
The article highlights that USDC’s on-chain transaction volume skyrocketed by 247% to $11.9 trillion, reflecting growing adoption globally as enterprises, developers, and public institutions integrate digital dollars into real-world financial systems. CEO Jeremy Allaire emphasized Circle's mission to build infrastructure for an open and programmable internet financial system, noting increased collaboration across traditional finance, fintech, and the public sector.
Circle’s adjusted EBITDA soared by 412% to $167 million in the fourth quarter, showcasing the scalability of its business model. The company attributes its success to the surging growth of USDC in circulation and the operating leverage inherent in its operations. This positions Circle as a key player in advancing a more open and resilient global financial system.
For readers interested in finance, this story underscores the transformative potential of stablecoins like USDC in reshaping traditional financial systems. Circle’s ability to adapt and grow despite economic challenges demonstrates its leadership in the digital currency space, making it a significant factor for investors and institutions looking to participate in the evolving financial landscape.
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Originally published on The Motley Fool on 2/26/2026