Circle Stock Surges, Fed Stays Cautious, Trump Pushes Forward GENIUS Act for Crypto

The crypto landscape is changing fast as Circle’s stock jumps on legislative progress and Coinbase introduces new payment features. Even amid global tensions and market volatility, industry giants and policymakers are pushing bold strategies, with former President Trump championing pro-crypto regulation and the Fed adopting a “wait and see” approach.

Circle’s Stock Soars After GENIUS Act Advancement

Shares of Circle, a prominent leader in stablecoin issuance, rose sharply following the U.S. House’s advancement of the GENIUS Act. The legislation, designed to support innovation in the digital asset sector, sent positive ripples through the market. Not only did Trump openly urge lawmakers to push the bill forward, but his vocal support added further optimism for broader crypto adoption in the United States. This legislative momentum comes as the stablecoin market cap surpassed $250 billion, highlighting increased investor confidence and a maturing digital currency ecosystem.

Major Developments Across Exchanges and Payments

The crypto sector saw a flurry of activity beyond Circle’s rally. Coinbase made headlines with the launch of ‘Coinbase Payments’ and introduced new options for using USDC as collateral. Key exchanges like CryptoCom and Deribit are set to accept BUIDL as collateral, supporting greater flexibility in trading and lending. Meanwhile, Ohio announced a tax exemption for Bitcoin payments under $200, further incentivizing everyday crypto usage. SOL Strategies is preparing for a U.S. public listing, and Lion Group successfully raised $600 million for their HYPE treasury, intensifying competition and innovation in crypto finance.

Key Stats & Figures

• Stablecoin Market Cap: Over $250 billion, reflecting robust investor demand.
• Crypto Lenders’ Holdings: Crypto lending firms collectively manage $60 billion in assets.
• Lion Group Fundraising: $600 million raised for HYPE treasury.
• Ohio Bitcoin Tax Break: Payments in BTC under $200 are now tax exempt for state residents.

Fed Maintains Dovish Stance Amid Geopolitical Tensions

While the cryptocurrency market rode a wave of positive news, global instability—particularly the ongoing exchange of strikes between Israel and Iran—has kept volatility elevated. Amid this uncertainty, the U.S. Federal Reserve has opted to pause any immediate monetary policy moves, adopting a “wait and see” stance as macroeconomic conditions remain fluid. At the same time, institutional players like Jump Trading are reportedly preparing to reenter crypto markets, and brokerage FalconX is in talks for a public offering, suggesting continued long-term confidence in the sector despite short-term geopolitical risks.

Conclusion: What This Means for the Market

The crypto industry finds itself at an inflection point as regulatory momentum, exchange innovation, and institutional interest align. With new legislation, mainstream companies embracing crypto payments, and high-profile endorsements from political leaders, digital assets are rapidly moving toward broader acceptance. Investors should watch for both opportunities and risks as market dynamics evolve in response to legislative shifts and global developments.

For the latest in crypto markets, regulation, and technology innovation, stay tuned to The Crypto Report.