#CryptoStocks After the Senate passed the GENIUS Act, Circle (CRCL) shares, the issuer of USDC, soared by 34% and set a new historical high. Coinbase, which shares revenue from USDC, jumped by 16-17%, demonstrating a clear 'stablecoin effect' on the market.

Why this could be more than just hype

Circle is the first major crypto company to go public in this wave, and the IPO was a real shock: from $31 to almost $200 immediately. This is a signal: Wall Street is coming back.

New legislation is pushing not only USDC but also banking and payment infrastructure — JPMorgan, Walmart, Visa are already in the game.

Analysts are calling it the 'opening of the IPO season for crypto'. In line are Gemini, Kraken, Ripple, Consensys, Fireblocks, Chainalysis. True investor demand: Circle's success is not a one-time spike but an echo of the fundamental perception of crypto as part of the future financial system. IPO radar saturation: Gemini and Bullish have already filed documents, Kraken and Consensys are on the way. Crypto stocks — a new asset class: Coinbase and Circle prove that this is not 'cyberpunk' but a real business with profits.

-Conclusion

This surge is not just hype. It is a signal: the crypto infrastructure is moving into the mainstream, and players are preparing to reap the rewards through traditional stock markets.

The GENIUS Act has opened the floodgates.