Circle soars 540% because the U.S. is finally recognizing 'stablecoins'!
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Just now, the U.S. Senate passed a very important crypto bill called the 'Genius Act' — what does it aim to do? In simple terms, it is to officially bring 'stablecoins' under regulation and make them legal 'digital dollars' for use! As soon as this news broke, USDC issuer — Circle (stock code: CRCL) skyrocketed: 📈 Up 34% on Wednesday, and another 6% after hours, with the stock price peaking at $211.87!#加密货币政策
Since its listing on June 5, it has skyrocketed by over 540%, truly one of the fastest rising crypto stocks right now!
