According to BlockBeats, Circle (CRCL) experienced a significant increase in its stock price, with intraday gains expanding to 13%. The trading volume surpassed $34 billion, and the current market capitalization stands at $48.8 billion, with the stock price now at $219.
Earlier today, the Chairman of the U.S. House Financial Services Committee, Hill, stated that there are sufficient votes to advance a stablecoin bill. Additionally, the House has the necessary votes to push forward three cryptocurrency-related measures.