Circle Surges 7.16% on Kraken Partnership Ranks 37th in $2.22 Billion Turnover Amid Stablecoin Expansion and Regulatory Tailwinds

On September 18, 2025, , . equity turnover. The rise follows Circle’s strategic partnership with Kraken to expand its USDC and EURC stablecoins, enhancing liquidity and reducing conversion fees for platform users. The collaboration aims to solidify USDC’s market dominance by broadening institutional and retail adoption through Kraken’s ecosystem.

The U.S. , indirectly supporting Circle’s stablecoin infrastructure. This regulatory clarity may bolster investor confidence in digital assets, aligning with Circle’s broader goal to integrate stablecoins into mainstream finance. Meanwhile, Tether’s launch of USAT—a GENIUS Act-compliant stablecoin—intensifies competition in the dollar-pegged market, though Circle’s existing institutional partnerships and regulatory alignment position it as a key player.

Circle’s performance contrasts with broader market volatility, . While rate cuts typically benefit risk assets, the focus remains on stablecoin adoption and regulatory progress. The partnership with Kraken and regulatory tailwinds suggest Circle’s near-term trajectory hinges on its ability to maintain market share against emerging rivals like USAT.

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