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$USDC It is expected that USDC will trade around 0.9995–1.0005 USD on Binance — this is the fundamental target for all stablecoins. Even during market turbulence, USDC should not deviate more than a couple of cents. Please note that: Minor deviations may occur during high market volatility or issues with reserves, but such cases are rare. Your best bet is to expect 1 USDC ≈ 1 USD, with minor fluctuations. And this is how stablecoins operate.
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#CryptoStocks Circle (CRCL) surged 34% to a new all-time high after the U.S. Senate passed the GENIUS Act — fueling optimism for stablecoin regulation and crypto equities. With Circle’s blowout IPO, many now see this as the start of a broader wave of crypto public listings. 💬 Is this real investor demand driving crypto IPOs — or just short-term hype? Which crypto companies do you think are next?
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$USDC In terms of market dynamics, the three major U.S. stock indexes generally closed lower, and cryptocurrency concept stocks performed weakly, with TRX concept stock SRM falling by 15.9%. It is worth noting that the U.S. Senate passed the GENIUS stablecoin regulation bill this morning, which established a federal regulatory framework for stablecoins. However, the market reaction was relatively muted, and related concept stocks such as Circle performed flat. Stablecoin concept tokens like ENA, MKR, and HUMA also fell with the broader market, indicating that the market may have already priced in this positive news۔
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#MyTradingStyle Your trading style is unique to you and depends on various factors such as your risk tolerance, investment goals, time commitment, and market knowledge.
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#GENIUSActPass The U.S. Senate passed the GENIUS Act in a 68-30 vote, marking the first major crypto bill to ever clear the Senate. The bill now moves to the House, which must decide whether to advance its own version or take up the Senate’s bill. 💬 What impact do you think the GENIUS Act will have on the crypto industry if it becomes law? What role would stablecoins play in the future of finance? Share your thoughts!
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