As of Monday’s close, the mark

As of Monday’s close, the market capitalization of $Circle Internet Corp.(CRCL)$ , the issuer of the stablecoin USDC, reached $63.89 billion. This means Circle’s stock market value has now surpassed the total USDC in circulation, which stands at approximately $61.68 billion. During Monday’s session, Circle’s stock price briefly approached $300 before closing at $263.45.

Circle Dumping Risk? Cash Out at $150 or Time to Bottom?

Circle beats revenue but fell as it 5% as it files to sell 10M shares of Class A common stock. Circle reported a net loss of $482 million in the second quarter, compared with a $33 million profit a year ago. Revenue increased by 53% to $658 million, surpassing Wall Street estimates of $646 million.

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