Circle Internet Financial Ltd. has seen its stock dip by 2% to $133 recently. However, its USDC stablecoin is making significant strides, thanks to the GENIUS Act introduced by the Trump administration. The market cap of USDC has surged by 59% since Trump took office, outpacing Tether's USDT, which grew by 32. 5%. In concrete terms, USDT's market cap increased from ...

The stock of Circle Internet Group (CRCL) has jumped 7% during Friday's trading. This boost follows the Senate's approval of the GENIUS Act. This new law creates a federal framework for stablecoin use. Stablecoins are a type of cryptocurrency. Their value is tied to another currency or asset, like the U. S. dollar. This is the first major legislation by Congress on d...