Highlights

  • CRCL shares climbed around 10% on December 16, 2025, following announcement of Visa’s stablecoin settlement support.
  • Visa to enable direct settlement in USDC and work with Circle on new Layer 1 blockchain design.
  • Stablecoin-related developments coincided with mixed market trends across broader crypto stocks.

On December 16, 2025, shares of Circle Internet Group Inc (NYSE:CRCL) rose notably in U.S. trading, at 10% to close at USD 83.00, as market participants processed news that Visa launched a new settlement service in the United States supporting USD Coin (USDC), the dollar-pegged stablecoin issued by Circle.

According to the report, Visa’s banking partners will be able to settle transactions using USDC, which is fully reserved and dollar-denominated. The settlement service is designed to facilitate faster fund transfers through blockchain infrastructure, including on weekends and holidays, without altering the experience for end users.

New Blockchain Collaboration with Visa
In addition to the settlement service, Visa and Circle are collaborating on the design of Arc, a new Layer 1 blockchain that will support USDC settlement once operational. Visa plans to operate a validator node on the network.

Visa executive Rubail Birwadker commented on the initiative: “Visa is delivering a reliable, bank-ready capability that improves treasury efficiency while maintaining the security, compliance, and resiliency standards our network requires.”

Context Within Broader Market Movements
Circle’s share price rise occurred amid a day of mixed activity across the U.S. stock market. Other reports noted that Circle Internet Group was among stocks with notable moves, alongside firms such as Tesla and Ford, as broader economic data and sector developments influenced trading.

Over the months leading up to December 2025, CRCL has seen varied performance relative to peers in the financial-technology and digital assets space, with some periods of decline and recovery.

Company Snapshot
Circle Internet Group Inc is a payments technology company headquartered in New York City. It issues the USDC stablecoin, pegged to the U.S. dollar, and operates platforms to move stablecoins across public blockchains.