$USDC Shares of Circle and Coinbase soared after the U.S. Senate approved the GENIUS Act, a landmark move toward creating a federal regulatory framework for USD-pegged stablecoins.

🔹 Circle, the issuer of USDC, surged 33%, continuing its strong momentum since its IPO on June 5—rising from $31 to nearly $180 per share.

🔹 Coinbase, which co-founded USDC and earns 50% of its revenue through a