🇺🇸 The U.S. Senate has passed a new law to regulate #Stablecoins — digital dollars like $USDC
Right after the news, shares of #Circle ($CRCL) jumped sharply.
Why this matters:
▪️ The new law gives clear rules on how stablecoins must be backed and managed
▪️ Circle is the company behind USDC, one of the biggest stablecoins in the world
▪️ Investors now feel more confident about Circle’s future
Circle Stock Price Update (June 18, 2025):
▪️ IPO Price: $31
▪️ Today’s Opening Price: $153.30
▪️ Day’s High: $174.82
▪️ Current Price: $174.14
▪️ Today’s Gain: +$24.99 (+16.75%)
▪️ Total Gain from IPO: +459%
This massive jump shows how powerful real regulations can be for crypto companies like Circle.
Stay tuned for more updates!
