Circle Stock Eyes $100 as USDC Supply Slips and Arc Activity Cools

Key Insights Circle stock retreated toward $85 after reaching $103.25 in September, as investors reassessed stablecoin growth. USDC supply approached $72 billion in the reported market snapshot, raising concerns about reserve-income growth. Arc’s DeFi TVL remained near $530 million, while DEX volume weakened and stablecoin capitalization increased. Circle stock remained under pressure in October as investors assessed slowing growth in USDC circulation and changing Treasury yields. Shares traded near $85 in the reported market snapshot, below September’s $103.25 high. The company also faced mixed activity across its Arc blockchain ecosystem. While decentralized exchange volume weakened, Arc’s stablecoin capitalization continued increasing.