Circle Surges, Coinbase Expands Collateral, and Trump Champions Crypto as Market Eyes Macro Uncertainty

As geopolitical tensions between Israel and Iran keep markets on edge, crypto equities are showing renewed momentum. Regulatory updates and industry innovation—from Circle’s rally after the GENIUS Act to Coinbase’s new payment tools—are signaling dynamic shifts in the digital asset landscape.

Major Crypto Stocks Rally Amid Macro Turmoil

While ongoing hostilities in the Middle East prompt global economic uncertainty, digital asset markets have experienced significant movement. Circle’s shares surged following the House passage of the GENIUS Act, legislation seen as potentially transformative for blockchain innovation. Simultaneously, Coinbase’s latest product announcements—including allowing USDC as collateral and launching ‘Coinbase Payments’—have sparked bullish sentiment, causing the company’s stock to jump.

US Policy Shifts and Political Support Influence Sector Growth

Regulatory momentum is heating up: Former President Donald Trump has publicly advocated for the speedy approval of the GENIUS Act in the House, boldly declaring that “crypto is the future.” Meanwhile, Ohio enacted a tax exemption for Bitcoin payments under $200, underscoring a growing trend toward mainstream crypto adoption. The stablecoin sector also hit a new milestone, with total market capitalization surpassing $250 billion, fueled by broader exchange and broker support for assets like BUIDL and USDC.

Key Stats & Figures

• Circle Stock: Spiked in trading after GENIUS Act clearance in the House.
• Stablecoin Market Cap: Exceeds $250 billion, signaling robust investor interest.
• Crypto Lenders: Reported to control $60 billion in assets globally.
• First XRP ETF in Canada: Marks a major step for altcoin-based ETFs internationally.

Alternative Asset Firms Target Public Markets

Crypto businesses are making decisive moves toward traditional financial channels. SOL Strategies has revealed plans to go public in the United States, while Lion Group secured $600 million for its HYPE treasury. Further, brokerage FalconX is reportedly in advanced discussions regarding an IPO, and renowned trading firm Jump Trading is contemplating a return to crypto markets. These developments highlight the growing intersection between digital asset firms and established capital markets.

Conclusion: What This Means for the Market

The convergence of political advocacy, regulatory evolution, and rapid innovation continues to drive momentum within the crypto sector—even as global uncertainty persists. Investors will be closely watching for further developments in U.S. legislation, macro risk factors, and the digital asset products coming to market. The next chapter for crypto promises to be both volatile and transformative.