#CryptoStocks #stablecoins #usdt $usdt

Crypto Stocks Surge as GENIUS Act Sparks Stablecoin Rally

The U.S. Senate's recent passage of the GENIUS Act—a historic 68–30 vote—has injected fresh momentum into crypto-related equities, particularly those linked to stablecoin innovation. The bill marks the first federal framework for regulating U.S. dollar-backed stablecoins, requiring full reserve backing, regular audits, and strict compliance with anti-money laundering (AML) laws. With legal clarity in sight, institutional confidence is surging.

The biggest beneficiary? Circle (CRCL), the fintech firm behind USDC, the second-largest stablecoin by market cap. Following the Senate vote, Circle's stock surged 34%, fueled by investor optimism that regulated stablecoins will play a central role in global finance. Circle’s IPO earlier this year was met with skepticism amid regulatory uncertainty, but the GENIUS Act has flipped the narrative. With transparency now a regulatory mandate, USDC’s institutional reputation could give Circle a dominant edge.

Circle’s success is lighting a fire under competing companies like Ripple (XRP)—which also aims to launch a USD-backed stablecoin—as well as Paxos, Anchorage Digital, and fintechs like Robinhood and Coinbase, which offer crypto custody or payments infrastructure. As demand for compliant digital dollar rails grows, these firms are positioning themselves as key players in stablecoin payments, Web3 commerce, and global remittances.

The GENIUS Act still awaits House approval, but its current momentum signals a landmark moment. Crypto stocks are no longer just speculative bets—they’re rapidly becoming financial infrastructure plays. As more IPOs and public listings emerge, the crypto stock sector could evolve into a vital pillar of next-gen capital markets.