$USDC Crypto stocks have surged following the US Senate’s approval of the Genius Act which establishes a regulatory framework for stablecoins Shares of Circle rose 20 percent while Coinbase gained 14 percent and Robinhood climbed 3.4 percent Analysts believe the legislation could legitimize stablecoins and drive broader adoption across financial markets Circle’s IPO debut also sparked investor interest with its stock peaking at 103.75 dollars before settling at 83 dollars However some crypto stocks like MicroStrategy and Marathon Digital saw short term declines due to capital rotation toward Circle’s offering Market sentiment remains optimistic as regulatory clarity boosts investor confidence in crypto equities