Circle (CRCL), the stablecoin issuer, saw its stock price rise by approximately 15% on Monday, continuing its upward trajectory amid a broader crypto market rebound. Since releasing its fourth-quarter earnings report last week, Circle's shares have surged about 60%. Analysts attribute this increase to short covering, accelerated growth of USDC, and improved regulatory expectations following the GENIUS Act. Circle reported a 72% year-over-year increase in USDC circulation, reaching $75.3 billion, and a 77% rise in revenue to $770 million for the fourth quarter.