Circle Internet Group has received preliminary approval to establish a national trust bank, laying new regulatory foundations for its USDC stablecoin business. The company announced strong quarterly earnings, primarily driven by USDC adoption and new partnerships with Visa and BlackRock. Its stock (NYSE ticker: CRCL) closed at $115.38, with a cumulative gain of 99.4% over the past 30 days and a year-to-date gain of 38.2%.

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