$USDC Growth of 543%: Wall Street awakens to a $44 billion Circle boom following the approval of the GENIUS Act.

From $31 to $199: Circle shares soar after the Senate passes the stablecoin bill.

The stablecoin issuer gained significant momentum after the Senate passed the GENIUS Act.

Approved on June 17, 2025, with bipartisan support by a vote of 68 to 30, the bill establishes the first federal regulatory framework tailored to stablecoins.

On the same day, Circle shares, trading under the ticker CRCL, jumped from $145 to $199.59, recorded just minutes before the opening of Wall Street on Thursday, June 19. From June 17 onward, CRCL has increased in value by 37.65%.

It is also the second largest stablecoin issuer after Tether. Currently, the market capitalization of USDC is $61.19 billion, and its supply has increased by 1.96%, or 1.176 billion USDC, over the last 30 days.