$USDC Market Dynamics: The three major U.S. stock indexes generally closed lower, and cryptocurrency concept stocks performed weakly, with TRX concept stock SRM down 15.9%. Notably, the U.S. Senate passed the GENIUS stablecoin regulatory bill this morning, which established a federal regulatory framework for stablecoins. However, the market reacted relatively calmly, with related concept stocks like Circle performing modestly. Stablecoin concept tokens such as ENA, MKR, and HUMA also declined along with the market, suggesting that the market may have already priced in this positive news.