{"id":41859,"date":"2025-08-13T04:16:36","date_gmt":"2025-08-13T04:16:36","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=41859"},"modified":"2025-08-13T04:16:36","modified_gmt":"2025-08-13T04:16:36","slug":"crcl-stock-drops-6-after-hours-even-as-circle-ceo-doubles-down-on-big-tent-crypto-strategy-backs-coinbase-shopify-deal","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=41859","title":{"rendered":"CRCL Stock Drops 6% After Hours Even As Circle CEO Doubles Down On &#8216;Big-Tent&#8217; Crypto Strategy, Backs Coinbase-Shopify Deal"},"content":{"rendered":"<div>\n<p><strong>Circle Internet Group Inc.<\/strong> (NYSE:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/CRCL#NYSE\">CRCL<\/a>) CEO <strong>Jeremy Allaire<\/strong> supported <strong>Coinbase Global Inc.\u2019s<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/COIN#NASDAQ\">COIN<\/a>) partnership with <strong>Shopify Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/SHOP#NASDAQ\">SHOP<\/a>) on Tuesday, emphasizing the company\u2019s broad-minded approach to the evolving stablecoin payment landscape.<\/p>\n<p>CRCL is feeling the pressure from bearish momentum. <a href=\"https:\/\/www.benzinga.com\/quote\/CRCL\">See the market dynamics here<\/a>.<\/p>\n<h2 class=\"wp-block-heading\">A \u2018Valuable\u2019 Step Toward Increasing Stablecoin Adoption<\/h2>\n<p>During the company\u2019s second-quarter earnings call, Allaire was asked whether the <a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/06\/45921146\/shopify-teams-up-with-coinbase-stripe-to-roll-out-usdc-stablecoin-payments-for-merchants\">Coinbase-Shopify partnership<\/a>, which allows retailers to accept <strong>USDC <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/\">USDC<\/a>) payments, competes with or complements its own <strong>Circle Payments Network.<\/strong><\/p>\n<p>\u201cWe&#8217;ve got a big tent mentality here and we want to see a lot of success across many different types of companies,\u201d he replied. \u201cWhen\u00a0a Shopify launches USDC payment\u00a0acceptance and they&#8217;re using a\u00a0product from Coinbase to do\u00a0that, that&#8217;s &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/25\/08\/47081034\/crcl-stock-drops-6-after-hours-even-as-circle-ceo-doubles-down-on-big-tent-crypto-strategy-\" alt=\"CRCL\" stock drops after hours even as circle ceo doubles down on crypto strategy backs coinbase-shopify deal>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Circle Internet Group Inc. (NYSE:CRCL) CEO Jeremy Allaire supported Coinbase Global Inc.\u2019s (NASDAQ:COIN) partnership with Shopify Inc. (NASDAQ:SHOP) on Tuesday, emphasizing the company\u2019s broad-minded approach to the evolving stablecoin payment landscape. CRCL is feeling the pressure from bearish momentum. See the market dynamics here. A \u2018Valuable\u2019 Step Toward Increasing Stablecoin Adoption During the company\u2019s second-quarter [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-41859","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=41859"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/41859\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}