Trump, crypto and stablecoin
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The Stablecoin Surge Driving CRCL’s Rise Circle Internet Group (NYSE:CRCL) is the issuer of USD Coin (USDC) that has captured Wall Street’s attention with a meteoric rise since its June IPO. The stock skyrocketed from $31 to nearly $200 per share,
In a week in which Bitcoin hit a new high and the crypto market saw huge gains, the U.S. Congress has officially passed the GENIUS Act, its first national
The stablecoin bill, known as the Genius Act, and the crypto market structure bill, known as the Clarity Act, both received notable bipartisan support. Democratic lawmakers joined with Republicans to pass the stablecoin bill 308-122.
Stablecoin fever is still running hot. Zerohash, a crypto and stablecoin infrastructure startup, is set to raise about $100 million at nearly a $1 billion valuation, according to two sources familiar with the deal.
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