Circle’s Stock Skyrockets 472% Since June IPO—Leaving Bitcoin in the Dust

Move over, Bitcoin—Circle’s stock is stealing the spotlight with a jaw-dropping 472% surge since its June IPO. The stablecoin giant’s shares are outperforming crypto’s poster child, proving even trad-fi investors can’t resist a moonshot (as long as it’s Nasdaq-listed).

Stablecoin Giant Outshines Crypto’s Golden Child

While Bitcoin bulls hype ‘digital gold,’ Circle’s equity run is turning heads on Wall Street. The company behind USDC is flexing growth that’d make most DeFi tokens blush—no vaporware promises required.

Regulatory Arbitrage Pays Off

Who needs decentralization when you’ve got compliance teams? Circle’s IPO playbook—embracing regulators while cashing in on crypto’s upside—is the hedge fund play of 2025. The market’s voting with its wallet: boring old stocks can pump harder than memecoins.

One question remains: When does the SEC send a thank-you note for making their job easier?

The rally comes as Circle’s share price jumped from its $31 IPO price to almost $200, lifting its market valuation to roughly $45 billion. This performance reflects growing investor confidence in the stablecoin issuer, especially following favorable regulatory developments in the US.=

Mid-June marked a turning point for CRCL after the US Senate approved the GENIUS Act. The legislation proposes a federal framework for US dollar-backed stablecoins, potentially providing regulatory clarity that could benefit firms like Circle, the issuer of the USDC stablecoin.

While CRCL has seen parabolic growth, Bitcoin has struggled to maintain momentum. The top crypto mostly traded sideways through June and briefly dipped below $100,000 as geopolitical concerns between Iran and Israel rattled global markets.

However, BTC’s price has since recovered, trading a little under 110,000 as of press time, based on CryptoSlate data.

Still, this stark contrast highlights the market’s appetite for regulated financial infrastructure tied to digital assets, especially under Donald Trump’s pro-crypto administration.