#CryptoStocks 34% surge in Circle’s stock (CRCL) following the U.S. Senate’s passage of the GENIUS Act reflects a mix of real investor demand and short-term hype. The GENIUS Act, which establishes a federal regulatory framework for stablecoins, provides much-needed clarity for the industry, boosting confidence among institutional investors who prioritize compliance and transparency. Circle’s USDC, as a regulated stablecoin, is well-positioned to benefit, especially given its $61.4 billion market cap and partnerships like Coinbase. The blowout IPO, which saw shares soar 168% on debut and raised $1.1 billion, signals strong market appetite for crypto equities, particularly those bridging traditional finance and digital assets.