🌟🌟🌟Exciting times are here for crypto stocks with the passing of the GENIUS Act by the US House of Representatives. This has provided regulatory clarity for stablecoins. Circle
$Circle Internet Corp.(CRCL)$ as the issuer of USDC is a major beneficiary.
It is not surprising for Circle shares price to jump 19% after the GENIUS Act was passed.
Another catalyst is USDC supply has surged to over USD 63 billion, up from USD 43 billion in January. More Stablecoins issued means more money for Circle and more interest income.
@Tiger_comments @TigerStars @Tiger_SG @CaptainTiger
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments