Circle Internet Group shares rebound amid USDC growth and Nomura FX partnership

Circle Internet Group (CRCL) stock rose about 7% in the latest session to close at $73.57, marking a modest rebound after a steep decline that left the shares roughly 72% below their 52‑week high of $262.97. Over the past year USDC’s circulating supply grew 28% year over year to roughly $77 billion and transaction volume climbed 263%, highlighting expanding use in cross‑border payments and corporate treasury operations.

The company announced a memorandum of understanding with Japan’s Nomura to offer USDC‑based settlement for corporate FX trades in Japan’s $440 billion‑a‑day foreign‑exchange market, with a target launch in early 2027. Circle is also extending USDC distribution through partners in Bahrain, the Philippines and other emerging‑market payment corridors. Institutional investors such as ARK Invest, Cambient Family Office and Rockefeller Capital Management have increased holdings, while insider sales and a mixed technical outlook keep the stock under pressure. Regulatory developments in the United States, including proposed AML/KYC rules and potential legislation like the CLARITY and GENIUS Acts, are seen as a possible moat for regulated stablecoin issuers.