How to Invest in Circle Internet Group (CRCL)

How to buy Circle Internet Group stock

Because Circle is a publicly traded company, you can buy shares as easily as you would any other U.S.-listed stock. If you're interested in snagging a few shares of the company, here's your step-by-step guide for buying Circle Internet Group stock right now.

• Step 1: Open your brokerage app. Log in to your brokerage account where you handle your investments.
• Step 2: Search for the stock. Enter the ticker or company name into the search bar to bring up the stock's trading page.
• Step 3: Decide how many shares to buy. Consider your investment goals and how much of your portfolio you want to allocate to this stock.
• Step 4: Select order type. Choose between a market order to buy at the current price or a limit order to specify the maximum price you're willing to pay.
• Step 5: Submit your order. Confirm the details and submit your buy order.
• Step 6: Review your purchase. Check your portfolio to ensure your order was filled as expected and adjust your investment strategy accordingly.

Should I invest in Circle Internet Group stock?

Whether or not you should invest in Circle Internet Group will require you to closely examine the types of stocks you gravitate toward, your risk tolerance, and the goals you've set for your portfolio. Circle Internet Group is likely a better fit for investors with a healthy appetite for risk, as well as an understanding of and interest in the complexities of the stablecoin space.

Circle is an undeniably dominant force in the stablecoin market -- USDC is the second-largest stablecoin globally.

The overall stablecoin market is predicted to experience significant growth, potentially reaching $2 trillion by 2028, according to McKinsey. That presents a strong tailwind for Circle's revenue potential.

The recent passage of the Genius Act in the U.S. has established clearer rules and protections for asset-backed digital tokens, such as stablecoins. Many consider this a significant positive for Circle that could reinforce its position as a regulated leader in the industry.

Circle's partnerships with major crypto exchanges, such as Coinbase and Binance (BNB +1.28%), provide a solid distribution network and liquidity for USDC. Circle is actively expanding its offerings with initiatives like its Circle Payments Network and Arc blockchain, which are designed to further enable stablecoin-based financial applications and payments moving forward.

Circle's core business model revolves around issuing and managing USDC. Circle maintains reserves of cash and short-term U.S. Treasury bills that back every USDC in circulation.

The company invests a portion of these reserves primarily in short-term U.S. Treasury bills, earning interest on these investments, which constitutes the vast majority of the company's revenue. The more USDC in circulation and the higher the U.S. Treasury interest rates, the more revenue Circle generates from the reserve yield.

In the second quarter of 2025, Circle's revenue increased by 53% year over year to $658 million. USDC in circulation surged by 90% year over year, reaching $61.3 billion. Circle is expanding beyond just stablecoin issuance and aims to become a broader financial infrastructure provider. That said, there are some risks to consider that make Circle a more likely pass or at least a very cautious buy for some investors.

When interest rates rise, the yield earned on its reserves increases, boosting Circle's revenue. Similarly, lower interest rates would decrease Circle's yield and slash a significant portion of its current revenue stream.

However, lower interest rates could also make holding USDC more attractive for consumers than traditional low-yielding savings options, which could increase transaction volume and other platform-related revenues for Circle.

Circle's heavy reliance on key partners such as Coinbase for USDC distribution and revenue sharing also creates a dependency that could affect its performance if those relationships were to change. Time will tell how Circle's platform responds in a changing interest rate environment and against the backdrop of the rapidly evolving stablecoin industry.

The company is actively working to diversify its revenue streams and build a strong competitive position in the evolving fintech landscape.

Is Circle Internet Group stock profitable?

In the second quarter of 2025, Circle reported a net loss of $482 million, primarily due to noncash charges related to the company's IPO. However, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 52% year over year to $126 million.

Circle does have a history of profitability prior to this point. For example, Q1 2025 net income totaled about $65 million. Circle was also profitable in full-year 2024, reporting net income of $156 million. The amount was a decrease from 2023, when it reported $268 million in net income.

Does Circle Internet Group stock pay a dividend?

No, Circle Internet Group does not currently pay dividends on its stock, and management has not indicated any plan to pay them in the future.

ETFs with exposure to Circle Internet Group stock

Numerous exchange-traded funds (ETFs) hold shares of Circle Internet Group stock. These include the ARK Innovation ETF (ARKK -3.61%), the ARK Next Generation Internet ETF (ARKW -2.77%), the ARK Fintech Innovation ETF (ARKF -2.77%), and the VanEck Digital Transformation ETF (DAPP -7.10%).

Will Circle Internet Group stock split?

No, Circle Internet Group has not yet announced a stock split. Given that the company is newly public with a relatively accessible share price, it is unlikely to do so anytime soon.

Related investing topics

FAQ