Circle Internet Stock (CRCL +9.56%) is soaring today, up 8.7% as of 3:35 p.m. ET on Aug. 19, 2026, on news of a White House meeting between President Donald Trump and crypto-industry executives.
The S&P 500 and Nasdaq Composite were up 0.4% and 0.3%, respectively.
NYSE: CRCL
Key Data Points
Trump is meeting crypto executives and top regulators a day after the SEC proposed easing registration rules
Trump is set to meet today with representatives from crypto companies as well as key regulators like Securities and Exchange Commission (SEC) Chair Paul Atkins and Commodity Futures Trading Commission (CFTC) Chair Mike Selig.
The meeting comes a day after the SEC proposed a rule change that would let some crypto companies skip standard securities-registration requirements. More changes could come from tomorrow's CFTC meeting.
Circle's income tracks USDC minting, so the Clarity Act matters more than any single rule change
Circle, which issues the stablecoin USDC, could benefit from some of these rule changes. The big catalyst, however, would be the passing of the Clarity Act, currently stalled in the Senate. The market-structure bill would help traditional finance integrate stablecoins and other digital assets into their operations, potentially massively expanding adoption of USDC.
Image source: Getty Images.
Circle's income is directly related to how much USDC is minted. Passage of the Clarity Act could be a game changer. Still, there's no guarantee that will happen. I do think Circle stock is worth owning as a small part of a diversified portfolio.
