Circle Shares Struggle Ahead of Fed Rate Decision

The CRCL stock outlook remains uncertain as Circle's shares closed at $90.60 on Friday, up 0.31% but down 11.22% for the week.

Market data suggest a quarter-point Fed rate hike is likely, with CME FedWatch placing odds near 87%, which could impact Circle's reserve returns and USDC circulation.

Circle reported $668 million in second-quarter reserve income, but the average reserve yield fell by 66 basis points, partly offset by higher USDC circulation.