nft trading 360 total security|In This Article"History Is Being Made", Says Circle CEO Following News That The US Senate Passed The

The latest narrative to emerge in the crypto space is the wild success of many publicly traded crypto-related companies – netting blockchain stock investors mega gains. The most recent being USDC-issuer, Circle crypto and its CRCL stock – it is up around 530% since going public on June 4, 2025.

CRCL is the latest success story after Japanese investment firm Meta Planet (MTPLF) surged over 600% in a year following its pivot to Bitcoin accumulation, following the playbook of Michael Saylor’s Strategy.

🚨ARE WE SEEING THE IPHONE-MOMENT FOR STABLECOINS?

I believe the Genius Act could push stablecoins like $USDT and $CRCL from “nice to have” to “need to have.” pic.twitter.com/wR9iaqRXNH

— Pius the Banker (@PiusSprenger) June 18, 2025

“History Is Being Made”, Says Circle CEO Following News That The US Senate Passed The GENIUS Act Bill

Since going public at the beginning of June, Circle crypto and its CRCL stock have risen roughly 530%. In the past 24 hours alone, CRCL soared more than 30% after the Senate officially passed the GENIUS Act bill, which would establish a federal framework for dollar-backed cryptocurrencies, also known as stablecoins.

The GENIUS Act is seemingly a revolutionary step in global crypto adoption. Still, it has to be approved by the House and gain a signature from President Trump, setting up regulations for how US companies can issue and manage dollar-backed stablecoins for payments.

Circle crypto co-founder and CEO Jeremy Allaire took to X following the bill’s passing. He had this to say;

“History is being made, as the US Senate passes the GENIUS Act, taking us one step closer to breakthrough legislation being signed into law that will drive US economic and national competitiveness for decades to come.”

CRCL wasn’t the only crypto-related stock that saw impressive overnight gains following the bill’s passage late on June 17. It also sent shares of leading crypto exchange platform Coinbase (COIN) up 12% and trading platform Robinhood (HOOD) gained 4%.

This move comes as companies big and small worldwide are beginning to pivot into crypto, whether as a company reserve asset or as existing Web3 firms going public on the stock market.