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Shares of Coinbase, Circle surge after stablecoin bill passes Senate
cnbc.com/2025/06/18/shares-of-coinbase-circle-surge-after-stablecoin-bill-passes-senate.html
Shares of Circle and Coinbase rallied on Wednesday, as Wall Street cheered the Senate's passage of the GENIUS Act, which would establish a federal framework for U.S. dollar-pegged stablecoins.
Circle, the issuer of the USDC stablecoin, rose 22% following the passing of the bill late…
This story appeared on cnbc.com, 2025-06-18 17:01:52.