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...

The crypto world is buzzing with excitement. The Senate just passed a new law called the GENIUS Act. This law is all about setting rules for stablecoins. Stablecoins are a type of cryptocurrency that tries to keep its value steady, unlike other cryptocurrencies that can be very volatile. They are backed by real money or other safe assets. This new law could make stab...

The Trump family has been making waves in the crypto world, and now, US senators are paying close attention. They are questioning a massive deal involving the family's crypto firm, World Liberty Financial, and a group of investors that includes foreign players. This isn't just about money; it's about the potential mix of private profits and public power. Senators El...

The GENIUS Act is a significant piece of legislation focused on regulating stablecoins in the United States. Stablecoins are a type of cryptocurrency that is designed to maintain a stable value by being pegged to traditional currencies, such as the U. S. dollar. There are currently over 250 billion dollars worth of stablecoins in circulation worldwide. Lawmakers a...