$USDC Circle (CRCL) has just broken all records on Wall Street — and cryptocurrency may never be the same again

Well, that escalated quickly.

Circle (ticker: CRCL), the company behind USDC (also known as the second largest stablecoin in the world), has just shattered its previous record — jumping 34% in one day to a new all-time high. Why such a jump? The U.S. Senate has just passed the GENIUS bill, an important legislative act in the field of cryptocurrencies that could finally bring stablecoin regulation into the real mainstream.

What is the GENIUS bill and why does it matter to you?

The GENIUS bill is not just a trendy acronym — it’s the kind of bill that moves cryptocurrency from the "wild west" to "Wall Street ready". It:

Requires 1:1 backing for stablecoins (i.e., real money or government bonds),

Introduces licensing and transparency requirements,

And provides legitimate players, such as Circle, with a huge regulatory advantage.

In other words: no more shady games with stablecoins. Now, it’s serious money.