🚀 Coinbase & Circle Stocks Rocket 20% as ’GENIUS’ Stablecoin Bill Sparks Crypto Frenzy

Wall Street finally wakes up to what crypto natives knew all along—stablecoins are the Trojan horse for mass adoption. The newly proposed 'GENIUS' bill (officially the 'Global Economic Neutrality in USD Stability Act') sent shockwaves through traditional finance today.

### The Regulatory Green Light

Coinbase shares ripped past resistance levels while Circle's valuation doubled—proving once again that nothing makes investors happier than politicians accidentally doing something useful. The bill effectively grants USD-backed stablecoins a 'semi-official' status without strangling innovation in typical DC fashion.

### Liquidity Tsunami Incoming

Traders are pricing in a 75% chance this unlocks $50B+ in institutional capital within 12 months. 'It's like 2017's ICO boom but with actual balance sheets,' quipped one hedge fund manager while secretly moving 30% of his fund into USDC yield strategies.

### The Cynical Kick

Of course, the real winners are the usual suspects—Coinbase's stock-based compensation packages just got 20% juicier, and every VC who funded a stablecoin 'infrastructure play' in 2023 is now shopping for Maldives villas. Welcome to financial innovation, where the house always wins... until the next algorithmic stablecoin implodes.

How The GENIUS Bill Boosts Crypto Stocks And Stablecoin Markets

The US Senate crypto bill passed with overwhelming bipartisan support, creating regulatory clarity that Coinbase & Circle stocks desperately needed. The GENIUS stablecoin bill establishes frameworks that allow companies to operate with greater confidence in the digital asset space.

President TRUMP celebrated the passage enthusiastically:

The Senate just passed an incredible Bill that is going to, Trump said.

Thank you President @realDonaldTrump for delivering on your promise to make the USA the crypto capital of the planet! pic.twitter.com/WAZViAeJ6m

Market Response Shows Strong Momentum

The crypto regulation news triggered immediate market reactions, with Coinbase & Circle stocks benefiting from renewed institutional interest. GENCO noted the revenue implications:

Market is slowly discovering that Coinbase gets 50% of revenue generated from USDC + 100% of revenue from USDC on Coinbase platform + an equity stake + GENIUS Act just passed the Senate. It’s a Stablecoin Summer.

$COIN

Market is slowly discovering that Coinbase gets 50% of $CRCL revenue generated from USDC + 100% of revenue from USDC on Coinbase platform + an equity stake

+ GENIUS Act just passed the Senate. It's a Stablecoin Summer

+ they're filing to tokenize stocks on platform… pic.twitter.com/ADRmRQ16Si

The stablecoin market impact extends beyond just stock prices, as Tyler D observed:

COIN stock also popped 16% today to $295 and $75B mc. On the same day they launched Coinbase Payments allowing merchants to accept stablecoin payments (powered by Base).

CRCL is the talk of the town

But COIN stock also popped 16% today to $295 and $75B mc

On the same day they launched Coinbase Payments allowing merchants to accept stablecoin payments (powered by Base) pic.twitter.com/RfwsDXL040

Professional Traders Take Notice

Anthony Pompliano highlighted the broader institutional shift:

Coinbase stock is up 20% in the last 5 days.

Wall Street wants Bitcoin and crypto assets.

Arthur Hayes provided additional context on the stablecoin market dynamics:

is a discussion on the stablecoin mania brewing in public stock markets. If you want your bowel movements to stay regular, read on.

"Assume the Position" is a discussion on the stablecoin mania brewing in public stock markets. If you want your bowel movements to stay regular, read on.https://t.co/ceiUbuufAe pic.twitter.com/aapX8nv6Dm

The GENIUS stablecoin bill’s passage represents a turning point for the US Senate crypto bill initiatives, providing the regulatory certainty that has driven Coinbase & Circle stocks to new heights. This crypto regulation news signals stronger institutional adoption ahead, with the stablecoin market impact likely to continue benefiting major players in the space.