Circle's Trading Volume Plummets 25.6% to 104th Rank as Regulatory Jitters Grip Stablecoin Sector

On September 8, 2025, , . , ranking 104th in trading volume among listed equities. The drop in liquidity and price performance suggests heightened market caution ahead of potential regulatory developments in the stablecoin sector.

Recent market dynamics highlight a broader trend of reduced institutional participation in high-liquidity digital assets. Analysts note that Circle’s exposure to U.S. dollar-pegged stablecoin reserves remains a focal point for investors, though no new disclosures from the company have emerged to directly influence the session’s volatility. The lack of catalysts from corporate actions or macroeconomic data further underscores the sector’s sensitivity to unconfirmed regulatory overhauls in crypto markets.

To execute a daily-rebalanced, 500-stock volume-ranking strategy, the following steps are required: Retrieve full-market trading volume data for each trading day since 2022; rank all stocks by daily volume and select the top 500; generate signals to open positions at the next day’s open or same day’s close, exiting one day later; and input the signal file into a portfolio back-tester supporting multi-asset baskets and equal-weight rebalancing. Current tools in this environment are limited to single-ticker back-testing, necessitating clarification on exchange scope, execution conventions, and data availability for a practical implementation path.