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H&H International buys $19M stake in Circle, tied to USDC stablecoin growth and regulation.

Market News
20 May 2026
Crypto news
View Source
Bullish
pluang ai news

H&H International Investment, linked to investor Duan Yongping, acquired 200,000 shares of Circle Internet Group worth about $19.08 million in Q1 2026, representing 0.10% of its $20 billion portfolio. Circle is known for issuing USDC, a dollar-backed stablecoin used widely in payments and trading. The investment signals cautious exposure to stablecoin infrastructure amid rising USDC circulation and regulatory scrutiny. Circle's stock has seen volatility in 2026, influenced by strong financial results and regulatory concerns, while USDC usage continues to expand across various platforms and services.

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