Circle Internet Group (CRCL) shares have dropped 5.7% in the past month, underperforming the Financial-Miscellaneous Services industry and the Finance sector, which have returned 5.2% and 1.4%, respectively. Circle offers USDC and EURC stablecoins used for payments and settlements by over 600 million users globally.

USDC, the second-largest stablecoin, has facilitated over $25 trillion in transactions since 2018. Circle reported revenues of $1.7 billion in 2024 and has minted over $504.3 billion of USDC. The company’s Circle Mint service supports international wires and domestic transfers in 185 countries with 1,819 customers as of Dec. 31, 2024.

Circle plans to integrate tokenized product USYC into its stablecoin network, offering yield to token holders. The company’s acquisition of Hashnote and USYC will allow customers to switch between payment stablecoins and USYC on the blockchain. Circle’s earnings estimate for Q2 2025 has increased to 29 cents per share.

Despite positive developments, Circle shares are considered overvalued with a risky Value Score of F. The company’s Zacks Rank is currently #3 (Hold), suggesting investors wait for a better entry point. The stablecoin market growth and regulatory environment are favorable, but caution is advised.

Read more at Nasdaq: Circle Internet Drops 6% in a Month: Buy, Sell or Hold the Stock?