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🌐 Circle’s Market Capitalization Surpasses $33.6 Billion

Circle Internet Group (ticker CRCL), the issuer of USDC—the world’s second-largest stablecoin—has seen its market capitalization exceed $33.617 billion, surpassing half of the total value of USDC in circulation (approximately $61.6 billion) .

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📈 What’s Driving This Surge?

1. Regulatory tailwinds

The U.S. Senate’s GENIUS Act, passed on June 17, 2025, sets ground rules for stablecoins, including one-to-one asset backing, federal oversight, and audit requirements—an environment where Circle’s compliance-focused model shines .