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Benzinga
Benzinga
Business
Erica Kollmann

Circle's Bank Bid Could Be The Biggest Crypto Story Of The Year

Circle Crypto CRCL Nasdaq Jeremy Allaire USDC Internet
Denver,,Colorado,-,June,18,2025:,Circle,Company,Logo,Display

Circle Internet Group Holdings, Inc. (NASDAQ:CRCL) shares are moving higher Tuesday after the company applied for a national bank charter in a move that could have significant upside for the stock. 

Some of the benefits for Circle would include alignment with new federal regulatory requirements and oversight, strengthened infrastructure supporting its USDC (CRYPTO: USDC) stablecoin. 

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