Trump signs stablecoin law
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Jim Cramer warns Circle may lose its edge as BlackRock and Fidelity eye stablecoins, even as Circle stock hits an all-time high post-GENIUS Act.
Paolo Ardoino, Tether's chief, said his firm will come to the U.S., is chasing high-level auditing and will adjust reserves, but Jeremy Allaire said Circle is already compliant.
A key federal banking regulator is set to receive a wave of charter applications under stablecoin legislation heading to President Donald Trump, potentially stretching the agency’s capabilities even as its workforce shrinks.
Shares of Circle Internet Group are surging Wednesday morning. The stock is gaining following a legislative reversal in Washington.
Tether and Circle CEOs laid out their plans for the future after President Trump signed sweeping stablecoin legislation into law.
Circle shares slid Tuesday after the House blocked a key procedural vote, stalling momentum on legislation the industry has counted on for regulatory clarity.
Jeremy Allaire, Circle CEO, joins 'Money Movers' to discuss stablecoin demand, the future of fintech and crypto.
Circle Internet Group shares are up 7% in intraday trading Friday, extending gains they have made since the Senate passed the GENIUS Act to establish a federal framework around the use of stablecoins.