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After the US Senate passed the landmark genius Stablecoin Act, the shares of USDC Stablecoin publishers surged 33% on Tuesday, and President Donald Trump urged lawmakers to move “lightning” to bring “lightning” to his desk.
Circle Stock (CRCL) ended at $ 199.59 in New York Stock Exchange (NYSE) and Google Finance. data The show and time went up 6% more.
Trump said to lawmakers, “Take it to the desk as soon as possible.
The surge in Circle’s share price came after the establishment of national innovation for the US Stablecoins.genius) The law passed the Senate with overwhelming sectative support. This groundbreaking bill is the first encryption -oriented legislative department that passed the Senate, and now heads to the House of Representatives.
When the bill passes the house, we will head to President Trump’s desk for final approval. Trump urged lawmakers to bring the bill to the desk through social media platform truth social.
Thank you for the president @Realdonaldtrump We have conveyed our promise to make the United States a capital encryption capital! pic.twitter.com/wazviaej6m
-David Sacks (@davidsacks47) June 19, 2025
“The Senate has just passed an amazing bill that can make the United States a leader in the digital asset sector.” Sayed. “The house will hopefully move lightning quickly and pass through ‘clean’ genius.
The majority of the Republicans were able to push genius acts in the past.
Republicans have a few Democrats on the Democratic Party of the House of Representatives. According to data Bloomberg has 213 Democrats and 220 Republicans.
Today we are going to be a welcome house for digital asset companies. Now to complete the Job & Pass Market Structure Act @potus‘Vision to become the capital of the world. pic.twitter.com/Tyz6kbc5qk
-Cynthia Lummis Senator (@senlummis) June 18, 2025
Recently, the Senate voting has also increased the number of Democrats in favor of this bill. Elizabeth Warren, a vocal cryptocurrency, is still Opposite According to this law, other Democrats say that doing nothing is not an option.
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