
Circle Internet Group’s stock has witnessed a remarkable surge in recent times. As per the latest market updates, CRCL has jumped a whopping 749% since its initial public offering (IPO). The remarkable performance is evident with the market capitalization reaching $63.89 billion as the share price soared to $263.45.
This astonishing growth comes just weeks after the US Senate passed the GENIUS Act, a legislative framework aimed at regulating stablecoins. It appears that this breakthrough has fueled investor enthusiasm, leading to an impressive 33% increase in Circle shares following Tuesday’s approval.
Source: www.cryptonewsz.com