Circle Nears $50B Valuation as US Regulatory Winds Shift – Stablecoin Giant Defies Gravity

Move over, Tether—Circle's USDC is rewriting the rulebook. The Boston-based stablecoin issuer is now flirting with a $50 billion valuation, proving that even regulators can't slow crypto's march into mainstream finance.

Regulatory roulette spins in DC

While Washington dithers over crypto frameworks, Circle's growth exposes the absurdity of trying to cage decentralized finance. Their secret? Playing the political game better than Wall Street lobbyists—with actual blockchain receipts.

Bonus jab: Watch legacy banks suddenly 'discover' stablecoin potential now that the valuation's got enough zeros to impress their shareholders.

While impressive, this figure still trails other major crypto-related firms. Coinbase (COIN), the largest crypto exchange in the US, is valued at over $75 billion. On the other hand, Strategy (formerly MicroStrategy), known for its aggressive Bitcoin accumulation, currently boasts a market cap north of $103 billion.

Market observers have suggested that Circle’s momentum appears tied to growing US regulatory clarity for the stablecoin industry.

This week, the US Senate passed the GENIUS Act, a landmark bill designed to regulate companies’ issuance and use of dollar-backed stablecoins.

The legislation, backed by US President Donald Trump, is now heading to the House of Representatives for debate.

If signed into law, the bill could provide a legal backbone for Circle’s Core business model, boosting investor confidence and mainstream adoption of USDC.