Circle Stock Eyes Comeback Past $100 as Arc L1, USDC, and Bond Yields Jump - Circle Internet Group (NYSE:

Circle’s stock stayed under pressure this month, down 14% from its monthly high, despite improving fundamentals. The article points to Arc Layer 1, launched last week, nearing $500 million in total value locked (TVL) and growing through activity involving Morpho Blue, Aave and Uniswap. Arc’s stablecoin presence also expanded: market capitalization rose to over $484 million, led by USD Coin (USDC), EURC and “Agant GBP.” USDC supply climbed to more than $75 billion and EURC to over $460 million. Arc DEX volume passed $716 million. With three-month Treasury bills yielding 4.14%—their highest since Aug. 29—Circle earns most revenue by investing USDC/EURC reserves in short-term government debt. The piece cites Circle trading around $89, with potential rebound toward $102.6 resistance or $125 target.