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Blaze On! Circle Soars Another 30%, Amassing 600% Gain in Just 10 Days Post-Listing
3 day ago /
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Author：小编
The Senate's endorsement of the GENIUS Act has ignited a rally in the stablecoin and cryptocurrency sectors. Shares of Circle, hailed as "Stablecoin's First Stock," skyrocketed by nearly 30% on the day, accompanied by a 12% surge in Coinbase, a leading crypto exchange, and a 4% uptick in Robinhood. The Act seeks to establish a federal regulatory framework for stablecoins, paving the way for their integration into mainstream payment systems. Notably, the legislation still requires House of Representatives approval and President Trump's signature before it becomes law. Despite this, Wall Street retains a buoyant outlook, anticipating successful passage of the Act this summer.
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