Circle Stock Soars After White House Meeting with Crypto Executives
Circle Internet Group's stock rose 8.7% on August 19, 2026, following news of a White House meeting between President Donald Trump and crypto-industry executives, including SEC Chair Paul Atkins and CFTC Chair Mike Selig.
The meeting comes one day after the Securities and Exchange Commission proposed letting some crypto companies skip standard securities-registration requirements.
Circle's income is directly tied to how much USDC, a stablecoin issued by Circle, is minted. The Clarity Act, currently stalled in the Senate, could be a game-changer for Circle if it passes, as it would help integrate stablecoins into traditional finance and potentially massively expand adoption of USDC.