Circle's USDC Stablecoin Gains Ground Under New U. S. Policy

Stock Performance

• Current Stock Price: $133 (2% dip)
• Trading Channel: Descending since June
• Key Moving Averages: $135–$140
• Potential Breakout: Above $140 could signal bullish momentum
• 200-day EMA: $154.80
• RSI: ~49 (recovered from oversold)
• Support Levels: $130–$134

USDC Market Cap Growth

• Surge: 59% since Trump took office
• Current Market Cap: $76 billion (up from $48 billion)
• Outpacing USDT: USDT grew by 32.5% (from $138 billion to $183 billion)

GENIUS Act Impact

• Policy Shift: Supports U.S.-regulated stablecoin issuers
• Circle's Advantage: U.S.-based, benefits from policy
• Tether's Response: Planning a U.S. subsidiary to stay competitive
• Coinbase Global Inc.: Major investor in Circle, stands to gain

Broader Implications

• Digital Dollar Potential: Private sector emergence
• Structural Advantage: U.S. administration favors Circle over offshore competitors
• Liquidity Race: Multi-trillion-dollar market impact