Circle is accelerating a shift from a pure stablecoin issuer into a broader, vertically integrated digital-asset infrastructure provider—an evolution that could reduce its heavy reliance on interest income as the rate cycle turns. A new report from Tiger Research argues that the company is increasingly tying USDC issuance, its in-house payments network, a proprietary blockchain, and an emerging AI payments stack into a single growth architecture designed to compound distribution and fee generation over the long term.
The pivot comes as Circle’s fundamentals continue to be dominated by… Read more







