With the near-passage of the GENIUS Act and a host of companies announcing stablecoin initiatives, stablecoin-related assets have been on a tear.
Circle, issuer of USDC, has seen its stock rise about 500% since its debut on June 5. This week, the company was valued at a staggering $77 billion, which is well above the total market cap of USDC itself (about $62 billion).

Bullish signals for stablecoins were all around:

CRCL is now the most popular foreign stock in South Korea.
The leading stablecoin issuer, Tether, has so much spare cash it can afford to have a Go to Source to See Full Article
Author: Benjamin Schiller

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