$USDC
🚀📈 Coinbase Soars High! The stock rises +16% after major movements in crypto
In a move that reflects investors' confidence in the digital market,
Coinbase's stock jumped 16.5% within 24 hours, marking one of its largest increases since the beginning of 2025 🔥
🔹 The reason?
✅ The passage of the GENIUS Act by the U.S. Senate to strictly regulate stablecoins, providing confidence to institutions and banks
✅ The launch of payment service through USDC from Coinbase Payments in partnership with major platforms like Shopify, enhancing the practical use of cryptocurrencies in e-commerce 🛒💳
🔍 The market sees that Coinbase is no longer just a trading platform, but has become the "modern crypto bank".
📊 With the rise of institutional adoption of stablecoins, could Coinbase's stock be the next destination for investors? And will we see new institutions entering soon?