Shares of Circle Internet Group (CRCL) soared 21% in premarket trading on Wednesday after the firm reported Circle’s infrastructure saw major expansion as 55 financial institutions enrolled in its Circle Payments Network, with another 74 currently under review. High-profile enterprise integrations further solidified this growth. Visa enabled US card issuers to settle in USDC outside of standard banking hours, while Intuit signed a multi-year agreement to embed the stablecoin across its platform. In addition, Circle partnered with Polymarket to establish USDC as the primary settlement asset for event-based trading, and Bermuda announced plans to build the first fully onchain national economy using Circle’s tech. On the regulatory front, Circle obtained conditional OCC approval in December to establish a national trust bank, a major step following its June 2025 NYSE debut. These milestones have translated into clear market gains. USDC now holds a 28% share of the dollar-denominated stablecoin market, with the number of wallets holding over $10 growing 59% to 6.8 million. About Author
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