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Benzinga
Benzinga
Business
Aniket Verma

CRCL Stock Drops 6% After Hours Even As Circle CEO Doubles Down On 'Big-Tent' Crypto Strategy, Backs Coinbase-Shopify Deal

COIN Circle CRCL SHOP Coinbase Shopify Jeremy Allaire Coinbase Global Inc Shopify Inc Internet
Denver,,Colorado,-,June,18,2025:,Circle,Company,Logo,Display

Circle Internet Group Inc. (NYSE:CRCL) CEO Jeremy Allaire supported Coinbase Global Inc.’s (NASDAQ:COIN) partnership with Shopify Inc. (NASDAQ:SHOP) on Tuesday, emphasizing the company’s broad-minded approach to the evolving stablecoin payment landscape.

CRCL is feeling the pressure from bearish momentum. See the market dynamics here.

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