I hold a bullish outlook on Circle Internet Group Inc. (NYSE: CRCL) as its partnerships with Kraken and Deutsche Börse Group continue to strengthen the reach of USDC and EURC across global markets.
Through its alliance with Kraken, Circle is broadening access to these stablecoins by integrating them into a growing on-chain financial ecosystem, making USDC and EURC more practical for real-world transactions. The collaboration with Deutsche Börse Group is focused on boosting stablecoin use throughout Europe by utilizing the exchange’s infrastructure to deliver new digital-asset solutions for institutional participants.
The recent passage of the GENIUS Act, signed by President Donald Trump, formally recognizes stablecoins as regulated digital currency within the United States. Since its introduction, U.S. stablecoin usage has climbed roughly 20% year-over-year, with overall transaction volumes surpassing Visa and Mastercard in 2024. The clearer legal framework has increased market confidence and reduced risk exposure, creating an environment ripe for expansion.
Collectively, the stablecoin market now exceeds $208 billion in capitalization, with about 99% of circulating assets tied to the U.S. dollar, underscoring their growing significance in both American and global finance.
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