#CryptoStocks The shares of Circle, like those of Coinbase, rose by 19.9% and 11.9% respectively after the approval in the U.S. Senate of the GENIUS Act. If it is signed into LAW, it would represent the first comprehensive federal framework for stablecoins tied to the U.S. dollar. (68 in favor, 30 against were voted)

Circle (CRCL) went public on June 5, and its shares have increased by more than 400%. Circle's co-founder and CEO J. expressed, "History is being made."

If the legislation could become law, it would bring back the innovation of stablecoins to the U.S. from offshore markets.

💡 The aim of the bill is to provide a legal regulatory framework for stablecoins, treating them as digital cash. This could drive widespread adoption for payments and settlements, in addition to their use as assets, which today represents more than 80%.

-Cryptocurrency-related companies:

📍Coinbase (COIN)

📍MicroStrategy (MSTR): A company that has heavily invested in Bitcoin.

📍Riot Platforms (RIOT)

📍Marathon Digital Holdings (MARA)

📍 Cryptocurrency mining companies.

BTC + $NVDA

$ETH + $TSLA

$SOL + $AAPL