Recent data shows that Circle Internet Financial's stock has been on a consistent upward trajectory, with a significant increase following the U.S. Senate's approval of the GENIUS Act, which focuses on stablecoin regulation.
Since its initial public offering, Circle's share price has surged over 500% relative to the U.S. dollar, rising from $31 to an impressive $199.
This remarkable growth underscores investor confidence in the stablecoin market and highlights the impact of legislative support on cryptocurrency-related businesses.
