Circle Internet (CRCL) Jumps 10% as Visa Adopts USDC

We recently published 10 Stocks Shining Bright Amid Wall Street’s Dull Spell. Circle Internet Group (NYSE:CRCL) is one of the top performers on Tuesday.

Circle Internet surged by 10 percent on Tuesday to finish at $83 apiece as investors loaded portfolios after Visa announced that it will now allow banks in the US to transact using USDC stablecoins.

In a statement, Visa said that with USDC settlement, issuers are expected to benefit from faster fund transactions over blockchains, seven‑day availability, and enhanced operational resilience across weekends and holidays, without any change to the consumer card experience.

Circle Internet (CRCL) Jumps 10% as Visa Adopts USDC

Initial banking participants include Cross River Bank and Lead Bank, which have started settling with Visa in USDC over the Solana blockchain.

Broader availability in the US is planned through 2026.

The adoption marks a huge win for Circle Internet Group (NYSE:CRCL), which created and currently issues USDC stablecoins.

“Visa is expanding stablecoin settlement because our banking partners are not only asking about it—they’re preparing to use it,” said Rubail Birwadker, global head of growth products and strategic partnerships at Visa.

“Financial institutions are looking for faster, programmable settlement options that integrate seamlessly with their existing treasury operations. By bringing USDC settlement to the US, Visa is delivering a reliable, bank‑ready capability that improves treasury efficiency while maintaining the security, compliance, and resiliency standards our network requires,” he added.

Additionally, Circle Internet Group (NYSE:CRCL) also partnered with Visa for Arc—a new Layer 1 blockchain which offers the performance and scalability needed to help support Visa’s global commercial activity on-chain.

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Disclosure: None. This article is originally published at Insider Monkey.