Circle Internet Group Soars 8.7% Amid White House Crypto Meeting
The stock price of Circle Internet Group (CRCL) surged by 8.7% to $123.49 as of 3:35 p.m. ET on August 19, 2026, following a White House meeting between President Donald Trump and crypto-industry executives.
The meeting, which took place just one day after the Securities and Exchange Commission (SEC) proposed easing registration rules for some crypto companies, includes representatives from Circle Internet Group, as well as SEC Chair Paul Atkins and Commodity Futures Trading Commission (CFTC) Chair Mike Selig.
Circle's income is directly tied to the minting of its stablecoin USDC, and a key catalyst for the company's stock price increase is the stalled Clarity Act market-structure bill in the Senate, which could potentially integrate stablecoins into traditional finance.