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Coinbase Global Stock Leads S&P 500 Gainers as Senate Passes Stablecoin Bill
investopedia.com/coinbase-global-stock-leads-s-and-p-500-gainers-as-senate-passes-stablecoin-bill-11757163
Shares of Coinbase Global (COIN) surged 11% to lead S&P 500 gainers Wednesday afternoon, a day after the Senate passed the GENIUS Act to set up federal boundaries for the use of stablecoins.
The legislation would open the door for use of stablecoins—cryptocurrencies whose value is tied…
This story appeared on investopedia.com, 2025-06-18 18:47:39.290000.