#CryptoStocks Stablecoin regulations have finally been approved through the GENIUS Act, and the market has responded positively. Major crypto stocks have seen significant spikes:

Coinbase (COIN) rose by up to +17% to $295 after the GENIUS Act passed in the Senate.

Additional catalyst: the launch of Coinbase Payments, which expands USDC adoption on e-commerce platforms like Shopify.

Circle (CRCL) — the issuer of USDC — recorded a +27% increase post-regulation.

Its shares are now trading over +238% from the IPO price, indicating strong investor support for the stablecoin sector.

MicroStrategy (MSTR) remains stable around $369, after announcing the additional purchase of 10,100 BTC worth $1.05 billion through the issuance of preferred shares.

Stablecoin regulations provide legal certainty for the digital asset market in the US—and become a new catalyst for stocks with direct exposure to crypto.