Crypto
Circle Stock Skyrockets 8.7% on White House Crypto Meeting
Circle Internet Group stock rose 8.7% by 3:35 p.m. ET on August 19, 2026, following a White House meeting between President Trump and crypto-industry executives.
The meeting includes SEC Chair Paul Atkins and CFTC Chair Mike Selig, just one day after the SEC proposed easing registration rules for some crypto companies.
Circle's income is directly tied to how much USDC (a stablecoin issued by Circle) is minted. The real catalyst behind the stock's rise is the Clarity Act, a market-structure bill still stalled in the Senate that could integrate stablecoins into traditional finance.
The passage of this act would have significant implications for Circle and other crypto companies, potentially expanding adoption of USDC and other digital assets.