Circle's Trading Volume Drops 34.69% to 60.60 Billion Ranking 11th in Stock Market

Generated by AI AgentAinvest Volume Radar
Monday, Jun 30, 2025 9:00 pm ET1min read

On June 30, 2025, Circle's trading volume reached 60.60 billion, a 34.69% decrease from the previous day, ranking 11th in the day's stock market.

(CRCL) fell by 0.18%, marking two consecutive days of decline, with a total decrease of 15.70% over the past two days.

Circle has submitted an application for a national trust bank charter to the Office of the Comptroller of the Currency. This move is aimed at strengthening the infrastructure of its stablecoin, USDC, and meeting the requirements under the proposed GENIUS Act. If approved, Circle would be able to manage its reserves and provide custody services to institutional customers, aligning it with traditional

under direct OCC oversight.

This application comes after Circle's successful initial public offering and is seen as a strategic move to boost compliance and investor confidence in the stablecoin infrastructure. By obtaining a trust bank status, Circle would be better positioned to respond swiftly to regulatory requirements and attract long-term institutional confidence.

Comments



Add a public comment...
No comments

No comments yet