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

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

Author:
CoindeskEN
Published:
2025-06-19 07:54:50
10
3

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

Regulatory win sends crypto markets into orbit

Circle—the Boston-based stablecoin issuer—just turned Wall Street's 'wait-and-see' approach into a full-blown FOMO rally. The company's shares skyrocketed over 500% after US senators finally stopped arguing long enough to pass landmark stablecoin legislation.

From IPO afterthought to market darling

Remember when analysts called Circle's IPO 'cautiously optimistic'? Neither do we. The once-sleepy fintech now boasts a valuation that'd make traditional bankers choke on their artisanal coffee—all thanks to regulatory clarity that arrived fashionably late.

The bill that changed everything

No more regulatory limbo. The new law gives dollar-pegged tokens legal certainty—something crypto's been begging for since Bitcoin was trading for pizza. Suddenly, every institutional investor who called stablecoins 'too risky' is scrambling to get exposure.

Bonus jab: Nothing gets money flowing like politicians finally agreeing on something—especially when there's billions in lobbying dollars at stake.

|Square

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