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Circle, Coinbase shares rise after Senate passes stablecoin legislation
CoinbaseCoinbase(US:COIN) CNBC Televisionยท2025-06-18 20:20

Today, a coin and circle making big moves. What's going on. Yeah, that's right, Scott.Big pop in both Coinbase and Circle after the Senate passed its landmark stable coin legislation, the Genius Act. Stables have attracted a ground swell of interest in anticipation of regulatory clarity for their ability to make payments faster and cheaper. It's actually been really good for ETH ETFs, which have come roaring back from the dead this month.A lot of these stable coins run on Ethereum. And so with that, Coinbas ...