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Shares of Circle
and Coinbase
rallied on Wednesday, as Wall Street cheered the Senate’s passage of the GENIUS Act, which would establish a federal framework for U.S. dollar-pegged stablecoins.
Shares of Coinbase, Circle surge after stablecoin bill passes Senate
Coinbase and Circle rallied on Wednesday after the Senate passed the GENIUS Act, a bill that would legitimize U.S. dollar-pegged stablecoins under federal law.
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