$USDC

The U.S. Senate approved the GENIUS Act, which regulates stablecoins like USDC, requiring dollar reserves and audits, thereby boosting market confidence. Circle, the issuer of USDC, rose by up to 54% in the stock market following the news, while Coinbase, its partner, grew by up to 16%. Additionally, USDC will be accepted as collateral in regulated futures starting in 2026, marking a milestone in the integration of stablecoins into the traditional financial system. Circle debuted on the New York Stock Exchange on June 5, and USDC already exceeds US $60 billion in market capitalization. These advancements strengthen the legitimacy and adoption of USDC as a stable digital currency, benefiting investors, businesses, and consumers.