CRCL Latest Updates and Purchase Guide: How to Invest in CRCLX through Gate xStocks Section

As of August 26, 2025, the stock price of Circle (CRCL) has shown signs of fluctuation recently. According to the latest market data, the CRCL stock price fell over 7% on August 26, while it had previously pumped nearly 8% on August 23.

This fluctuation is mainly influenced by the overall trend of the cryptocurrency market and company-specific factors.

Latest Updates and Market Performance of CRCL

Circle Internet Financial (NASDAQ: CRCL), as the core issuer of the stablecoin USDC, is a key player in the crypto ecosystem infrastructure, with its stock price closely linked to the industry's prosperity.

Recent stock price fluctuation and market attention

Recently, the CRCL stock price has experienced significant fluctuations. On one hand, USDC has shown strong growth: it increased its supply by 750 million dollars in just three hours, and over the past three months, it has increased its supply by more than 10.25 billion dollars, being active in trading, DeFi, and payment sectors.

On the other hand, the company's stock price is under pressure. As of August 26, the CRCL stock price has fallen by more than 7%. Analyst Ali pointed out that the CRCL stock price has broken through the descending triangle technical pattern, with the support level of 149 USD turning into a resistance level after being breached. Technical charts indicate that the stock price may further dip to 123 USD, 112 USD, or even 100 USD.

Revenue Structure and Competitive Environment

Circle's revenue is highly dependent on USDC reserve interest:

• 2022: $736 million (accounting for 95.3% of total revenue)
• 2023: 1.4 billion USD (accounting for 98.6% of total revenue)
• 2024: 1.7 billion USD (accounting for 99.1% of total revenue)

In a high-interest rate environment, this model is beneficial for profit, but it also makes companies extremely sensitive to interest rate fluctuations. At the same time, market competition is intensifying, and traditional financial institutions and fintech companies may launch their own stablecoin products to capture market share.

Institutional viewpoints diverge

Investment banks have differing ratings on CRCL. JP Morgan has maintained a "reduce" rating on Circle, with a target price of $89; meanwhile, market analysts have given an average 12-month target price of approximately $191.25.

Seaport Research is optimistic about the long-term performance of CRCL, setting a target price of 280 USD. The reasons include its leadership position in the global stablecoin market, deep partnerships with major trading platforms such as Coinbase, and the continuous growth in demand for stablecoins in the DeFi sector.

What is CRCLX? Why is it worth paying attention to?

CRCLX is a tokenized certificate of Circle's stock, launched by the Swiss compliant platform Backed Finance, which strictly tracks the performance of Circle's stock price on Nasdaq. Each CRCLX token is backed by a 1:1 real stock collateral, with the underlying stocks held in custody by a Swiss licensed bank (such as InCore Bank) and regularly audited on-chain.

The core advantages of CRCLX

1. Industry Barometer Role: Circle, as a key player in the crypto infrastructure, holding CRCLX is equivalent to gaining "exponential exposure" to the crypto ecosystem.
2. Around-the-clock trading: Break through the traditional stock market time constraints of 9:30 AM - 4:00 PM EST, supporting 24/7 trading.
3. Fragmented Investment: Supports a fractional share mechanism starting from a minimum purchase of 10 dollars, significantly lowering the investment threshold.
4. On-chain Free Circulation: Issued based on ERC-20 and Solana SPL dual standards, can be transferred to wallets or DeFi protocols for staking, lending, and other scenarios.

How to Purchase CRCLX through the Gate xStocks Section

Gate.io will launch the world's first tokenized stock spot and contract dual market on July 3, 2025, making it the preferred platform for trading CRCLX.

Preparation

1. Register an account: Visit Gate.com (make sure your region is within the service area) to complete the registration.
2. Prepare USDT: Deposit USDT into Gate [Spot Account] (multiple chains supported) as the base currency for purchase.

purchase process

1. Enter the area: After logging into Gate, click on the top 【Trading】 → Select 【xStocks Spot Area】 or 【Alpha Spot Area】.
2. Search trading pair: Enter CRCLX/USDT in the search box, or directly visit the CRCLX page in the xStocks section.
3. Place an order to buy:

• Market Order: Execute immediately at the best price
• Limit Order: Set the ideal purchase price (e.g. $160) to be triggered
• Enter the purchase amount (minimum $10, fractional shares supported)

4. Confirm Position: After the transaction is completed, check the CRCLX balance and fluctuation of profit and loss on the [Assets] page.

Advanced Features (Optional)

• Contract trading: Use up to 10x leverage to long/short CRCLX in the Gate xStocks contract market.
• DeFi appreciation: Transfer CRCLX to a supported wallet and participate in staking, lending, or liquidity mining.

Below is an overview comparison between CRCL and CRCLX:

Features | CRCL (Traditional Stocks) | CRCLX (Tokenized Stocks) --- | --- | --- Trading venues | Nasdaq Stock Exchange | Gate xStocks area and other crypto exchanges Trading Hours | US Stock Trading Hours (9:30 AM - 4:00 PM EST) | 24/7 All-Day Trading Investment Threshold | Usually requires whole share purchase | Minimum $10 fractional investment Settlement Method | T+2 Daily Settlement | On-chain Second-level Settlement Shareholder equity | Enjoy voting rights and direct dividend distribution | No voting rights, dividends are reflected indirectly through token value adjustment Asset-backed | Company ownership equity | 1:1 pegged Circle stock, custodied by a Swiss licensed bank Cross-platform circulation | Limited to traditional securities ecosystem | Withdrawable to crypto wallet, participate in DeFi applications

Investment Risks and Precautions

Investing in CRCLX requires attention to the following risks:

1. Regulatory uncertainty: The US SEC has not yet recognized the legality of tokenized stocks, and the policies in places like Switzerland and Singapore are still evolving.
2. Equity Differences: Holding CRCLX does not grant shareholder voting rights in Circle, and dividends are indirectly reflected through the token's value adjustment (no cash dividends).
3. Technical and liquidity risks: Extreme market conditions may cause short-term price fluctuations of 2%-5%; some tokens have insufficient on-chain liquidity (60% of xStocks' daily trading volume is concentrated in the top 6 assets).
4. Market fluctuation risk: The price of CRCL is closely related to the prosperity of the cryptocurrency market and is highly volatile.

Summary and Outlook

With the daily trading volume surpassing 100 million USD, xStocks is driving the transition of crypto finance from "marginal experimentation" to "institutional integration". CRCLX, as a representative product of tokenized stocks, offers global investors a new way to participate in the growth of crypto infrastructure giants.

Through the Gate xStocks section, investors can:

• Incorporate stocks into the cryptocurrency asset portfolio to hedge against industry fluctuation risks;
• Invest small amounts in core companies like Circle to benefit from their growth dividends;
• 7×24 hours flexible trading to seize major market events after hours.

In the future, as more traditional assets are tokenized and brought onto the chain, the seamless experience of "one wallet, investing globally" will become the standard configuration for a new generation of investors.

Investment Tip: This article does not constitute investment advice. Investment involves risks, including possible loss of principal. Before making any investment decisions, please conduct thorough research and consider your personal risk tolerance.