Circle (NYSE: CRCL) soared 34% on Wednesday, adding another 6% after-hours, as the U.S. Senate passed a landmark bill laying the groundwork for regulated, dollar-backed stablecoins.The move pushed Circle's stock…
Coinbase and Circle shares surged Wednesday after US lawmakers signaled support for clearer stablecoin regulation by pushing through the GENIUS Act for House approval.On Wednesday, Coinbase (COIN), listed on the…
Ripple has officially minted 10 million RLUSD (Ripple USD) stablecoins at its RLUSD Treasury, according to data shared by the Ripple Stablecoin Tracker account on X.Ripple Mints 10 Million RLUSD,…
In brief
Coinbase and Circle shares jumped double digits following Senate passage of the GENIUS Act, which could bring regulatory clarity to stablecoins.
The companies split interest revenue from USDC reserves—$297M for…
SENATE PASSES GENIUS ACT, FED DECISION TODAY, US-IRAN THREATS GROWSENATE PASSES GENIUS ACT, FED DECISION TODAY, US-IRAN THREATS GROW.
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In a major step for the crypto world, the U.S. Senate on Tuesday passed the GENIUS Act: a bipartisan bill that lays out clear rules for stablecoins. The 68-30 vote marks…
Cathie Wood’s Ark Invest sold a combined 300,108 shares of Circle Internet Group on Tuesday across three of its ETFs, continuing to take profit for a second day…
The overwhelming bipartisan passage of the U.S. Senate's stablecoin bill, with a 68-30 final vote that saw a huge surge of Democrats joining their Republican counterparts on Tuesday, sets a…
As expected, the Senate passed the GENIUS Act with bipartisan support Tuesday evening. It’s the first stablecoin-focused bill to pass a chamber of Congress. The bill passed in a 68-30 vote. The…