Circle Internet Corp. (CRCL) saw its stock price surge by 5.15% during the intraday session on Thursday, driven by news of a strategic partnership with Intuit Inc., the global financial technology platform behind TurboTax and QuickBooks.
The multi-year collaboration will allow Intuit to leverage Circle's stablecoin infrastructure and USDC to enhance its money platform, aiming to deliver faster, lower-cost, and programmable money movement for consumers and businesses. This partnership underscores Circle's growing influence in the financial technology sector and has likely fueled investor optimism.
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