Circle Internet Group (CRCL) shares rose more than 9% following a strategic agreement to provide native USDC settlement infrastructure for the prediction market platform Polymarket. The deal aims to expand stablecoin utility within on-chain financial markets and has reportedly drawn increased interest from investment firms such as Ark Invest.
Investor sentiment was further bolstered by a newly announced collaboration with Corpay to enhance international money transfers.
These developments coincided with a powerful rally in the broader cryptocurrency market. Both Bitcoin and Ethereum recorded double-digit percentage gains during the same period.