Any update news from cRCL ?

Here is some news about CRCL: 1. **Stablecoin Firm Circle Moves Mainstream with National Trust Bank License**: Circle, the stablecoin firm behind USDC, has obtained a national trust bank charter from the Office of the Comptroller of the Currency (OCC). This development is strategic as it enables Circle to directly manage USDC reserves and offer institutional-grade custody, which is expected to enhance trust and transparency in its stablecoin operations. 2. **Circle Applies to Establish a U.S. Bank**: Circle has applied to establish a national trust bank in the U.S., following its successful IPO that valued the company at nearly $18 billion. This move is significant as it will allow Circle to custody digital assets, including stocks and bonds represented as tokens on a blockchain. 3. **CRCL Stock Slides Amid Valuation Concerns**: Circle Internet Group Inc (CRCL) experienced a notable decline in its stock price, closing at $180.43, a 15.54% fall. The decline occurred despite positive market indices. Metrics such as a high price-to-earnings (P/E) ratio of 247.16 and a price-to-book (P/B) ratio of 68.74 suggest potentially overvalued shares. 4. **Circle Jumps 749% Since Listing, Market Cap Hits 103.6% of USDC**: Circle's stock has seen a 749% increase from its IPO price. The company's market capitalization reached $63.89 billion, surpassing the value of USDC supplies. 5. **Circle Overtakes Nvidia Trading Volume**: Circle's trading volume exceeded that of Nvidia in a short period, indicating increased investor activity and market interest. In conclusion, Circle (CRCL) has made significant strides in institutional adoption, regulatory compliance, and market performance since its IPO. These developments are likely to solidify its position in the digital asset ecosystem.