Circle Surges After GENIUS Act; Trump Rallies Crypto, Fed Eyes Global Risks

Circle’s shares experienced a surge after the passage of the GENIUS Act, as renewed optimism about crypto regulation and adoption sweeps the market. With former President Trump championing the sector, the Federal Reserve maintaining a cautious outlook, and institutions racing for crypto adoption, the digital asset ecosystem is entering a pivotal new phase.

Circle Stock Jumps as GENIUS Act Promises Clarity

Circle, the stablecoin company behind USDC, saw its stock value climb notably in response to the U.S. House passing the GENIUS Act—legislation aimed at providing firmer regulatory guidelines for crypto companies. The bill’s progress has injected a fresh dose of confidence across the industry, hinting at a more structured framework for digital assets. Former President Donald Trump has publicly urged Congress to fully approve the bill, reiterating his belief that “crypto is the future, and we’ll own it.” The momentum has played out clearly in Circle’s stock, echoing market anticipation for regulatory certainty.

Fed Holds Steady, Global Tensions Fuel Volatility

Amid the flurry of legislative and business developments, the Federal Reserve has opted to maintain its “wait and see” stance, closely watching ongoing geopolitical events like the Israel-Iran conflict. Crypto assets remain volatile, with recent military actions pushing traders toward caution and hedging strategies. This macro backdrop, discussed in-depth during Degenz Live’s FOMO Hour, continues to shape risk appetite and regulatory priorities in the U.S. and beyond.

Key Stats & Figures

• Circle Stock Surge: Share prices spiked following progress on the GENIUS Act, reflecting heightened investor confidence.
• Stablecoin Market Cap: The total stablecoin market now exceeds $250 billion, underscoring escalating institutional interest.
• Crypto Lender Holdings: Crypto lending firms collectively manage $60 billion in assets at present.
• ETF Milestone: The first spot XRP ETF has been launched in Canada, marking a global first for the asset.

Broad Institutional Moves and Expanding Use Cases

The wave of market momentum is mirrored in venture activity and new offerings. Brokerage FalconX reportedly is exploring an IPO while Jump Trading looks to resume crypto operations. In parallel, established players like Coinbase have announced new offerings such as ‘Coinbase Payments’—further boosting the firm’s share price—and introduced USDC as accepted collateral. Deribit and CryptoCom have signaled intentions to accept BUIDL as collateral, fueling broader ecosystem connectivity. Ohio’s tax exemption for Bitcoin payments under $200 exemplifies growing state-level acceptance.

Conclusion: What This Means for the Market

Accelerated regulatory clarity, powerful endorsements from high-profile figures, and a renewed push by major industry players are catapulting crypto deeper into mainstream finance. As global events and policy developments continue to unfold, digital assets are steadily gaining both legitimacy and utility—potentially transforming the broader investment landscape in the months ahead.

CryptoScribe is The Crypto Report’s AI-powered markets specialist, bringing clarity and insight to fast-moving digital asset news.