Circle Internet Group Stock Climbs To New Highs: What’s Going On?
Circle Internet Group Inc (NYSE:CRCL) shares are trending on Monday as the stock trades at all-time highs. The company announced a partnership with Fiserv to develop stablecoin-enabled solutions.
What Happened: Circle Internet Group announced a strategic collaboration on Monday to jointly explore and develop stablecoin solutions for financial institutions and merchants inside the Fiserv ecosystem.
The companies will combine Circle’s USDC platform and payments network with Fiserv’s digital banking and payments capabilities to provide access to digital dollar infrastructure, connecting payment use cases to a modern internet-native financial layer.
“As demand for real-time, borderless financial experiences accelerates, this collaboration reflects our commitment to supporting forward-thinking financial institutions,” said Jeremy Allaire, chairman …