News of the Day: Progress in the U.S. Could Further Boost USDC!
🗓️ On Wednesday (June 18, 2025), the U.S. Senate approved by a significant majority (68–30) the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins). This historic proposal creates the first federal regulatory framework for dollar-pegged stablecoins such as USDC — it requires 1:1 backing, periodic audits, and anti-money laundering measures .
📈 Shares of Circle (the company behind USDC) surged nearly 34%, trading near $200 — a jump of +544% compared to the IPO ($31) . The impact was also strong on Coinbase: +16% after they announced the integration of USDC as a payment method on Shopify .
Another highlight: USDC will be accepted as collateral in regulated futures in the U.S., in partnership between Coinbase Derivatives and Nodal Clear, with a launch expected in 2026 — reinforcing its position as cash equivalent and favoring liquidity in the market .
