Circle Shares Surge on Stablecoin Approval
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stablecoinsCNBC
•Business
Business & Economics
Circle shares extend their rally after Senate passes landmark stablecoin bill

81% Informative
Stablecoins are cryptocurrencies whose values are pegged to that of another asset, usually the U.S. dollar.
The GENIUS Act seeks to establish clear regulatory guidelines for the use of stablecoins.
The bill passed the Senate on Tuesday and Circle is on pace to end the week higher by almost 50% .
VR Score
81
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80
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46
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formal
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English
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