Coinbase & Circle’s stocks experienced dramatic surges following the US Senate’s passage of the GENIUS stablecoin bill, with both companies posting significant gains as the crypto regulation news sparked investor optimism. The stablecoin market impact has been immediate, with Coinbase reaching $295.29 per share and Circle positioning itself for expanded growth.
Also Read: Shiba Inu Drops 10% on Coinbase as 10T Burn Hints at 5X Rally
How The GENIUS Bill Boosts Crypto Stocks And Stablecoin Markets
The US Senate crypto bill passed with overwhelming bipartisan support, creating regulatory clarity that Coinbase & Circle stocks desperately needed. The GENIUS stablecoin bill establishes frameworks that allow companies to operate with greater confidence in the digital asset space.
President Trump celebrated the passage enthusiastically:
The Senate just passed an incredible Bill that is going to ”make America the UNDISPUTED Leader in Digital ‘Assets — Nobody will do it better, it is pure GENIUS! Digital Assets are the future, and our Nation is going to own it. We are talking about MASSIVE Investment, and Big Innovation”, Trump said.
Thank you President @realDonaldTrump for delivering on your promise to make the USA the crypto capital of the planet! pic.twitter.com/WAZViAeJ6m
— David Sacks (@davidsacks47) June 19, 2025
Market Response Shows Strong Momentum
The crypto regulation news triggered immediate market reactions, with Coinbase & Circle stocks benefiting from renewed institutional interest. GENCO noted the revenue implications:
Market is slowly discovering that Coinbase gets 50% of revenue generated from USDC + 100% of revenue from USDC on Coinbase platform + an equity stake + GENIUS Act just passed the Senate. It’s a Stablecoin Summer.
$COIN 🚀
Market is slowly discovering that Coinbase gets 50% of $CRCL revenue generated from USDC + 100% of revenue from USDC on Coinbase platform + an equity stake
+ GENIUS Act just passed the Senate. It’s a Stablecoin Summer 🌊
+ they’re filing to tokenize stocks on platform… pic.twitter.com/ADRmRQ16Si
— GENCO (@gencostocks) June 18, 2025
The stablecoin market impact extends beyond just stock prices, as Tyler D observed:
COIN stock also popped 16% today to $295 and $75B mc. On the same day they launched Coinbase Payments allowing merchants to accept stablecoin payments (powered by Base).
CRCL is the talk of the town
But COIN stock also popped 16% today to $295 and $75B mc
On the same day they launched Coinbase Payments allowing merchants to accept stablecoin payments (powered by Base) pic.twitter.com/RfwsDXL040
— TylerD 🧙♂️ (@Tyler_Did_It) June 19, 2025
Professional Traders Take Notice
Anthony Pompliano highlighted the broader institutional shift:
”Coinbase stock is up 20% in the last 5 days. Wall Street wants bitcoin and crypto assets.”
Coinbase stock is up 20% in the last 5 days.
Wall Street wants bitcoin and crypto assets.
— Anthony Pompliano 🌪 (@APompliano) June 18, 2025
Arthur Hayes provided additional context on the stablecoin market dynamics:
“Assume the Position” is a discussion on the stablecoin mania brewing in public stock markets. If you want your bowel movements to stay regular, read on.
“Assume the Position” is a discussion on the stablecoin mania brewing in public stock markets. If you want your bowel movements to stay regular, read on.https://t.co/ceiUbuufAe pic.twitter.com/aapX8nv6Dm
— Arthur Hayes (@CryptoHayes) June 16, 2025
Also Read: Coinbase Seeks SEC Approval to Offer Blockchain-Based Stocks
The GENIUS stablecoin bill’s passage represents a turning point for the US Senate crypto bill initiatives, providing the regulatory certainty that has driven Coinbase & Circle stocks to new heights. This crypto regulation news signals stronger institutional adoption ahead, with the stablecoin market impact likely to continue benefiting major players in the space.
