$USDC "The momentum of USDC grows as the US Senate approved the GENIUS Act, creating a regulatory framework for stablecoins—boosting Circle's shares by about 6% with the news, while Coinbase also rose due to the payment technology linked to USDC. Meanwhile, Circle went public in June, raising about $624M and valuing the company at around $6.9B. And on June 13, USDC was natively launched on the XRP Ledger for fast and low-cost cross-border payments."