On July 15, Circle Internet Corp. rose 5.15% in regular trading, trading at $65.82/share, with turnover of $114 million. The rally was driven by multiple positive catalysts on the news front.

The US and UK governments published a joint cooperation roadmap aimed at promoting cross-border circulation of stablecoins and tokenized assets, with a focus on reducing regulatory friction and supporting cross-border stablecoin development. This policy development provides clearer regulatory prospects for Circle's core product, USDC. On the same day, Japan's largest credit card network JCB formally signed a memorandum of understanding with Circle to explore USDC applications in cross-border payments and merchant transactions. JCB serves 140 million users and 40 million merchants globally, with initial cooperation focusing on proof-of-concept for internal fund transfers.

Additionally, on-chain data showed Circle minted approximately 750 million USDC on Solana, bringing cumulative issuance in the current year to approximately 69.01 billion USDC, reflecting robust market demand. Notably, the stock rebounded sharply from the prior session's 2.56% decline, which was triggered by Mizuho's downgrade to underperform with a $50 target price citing intensifying stablecoin competition.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)