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Circle Soars 500% Post-IPO as Senate Greenlights Stablecoin Bill—Wall Street Left Scrambling

Circle Soars 500% Post-IPO as Senate Greenlights Stablecoin Bill—Wall Street Left Scrambling

Coindesk
Author:
Coindesk
Release Time:
2025-06-19 07:54:50
0

Circle Rockets After Stablecoin Bill Clears Senate, Pushes Post-IPO Rally to Over 500%

Regulatory winds shift as Circle's USDC gets a political tailwind

The Senate's surprise stablecoin approval sends shockwaves through TradFi—just as crypto's 'boring' asset class starts printing generational gains

500% rally defies post-IPO gravity

While DC deliberated, markets voted: Circle's market cap now eclipses three regional banks combined. Not bad for 'just a payments company.'

Wall Street's latest miss? Underestimating how fast politicians would embrace the blockchain lobby's checkbook.

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