Circle Internet Group Inc.’s shares rose as much as 17% on Friday after Seaport Global gave the stablecoin issuer its first buy rating in the wake of the US Senate’s move this week to pass legislation ...

Circle Internet Group, Inc. (NYSE:CRCL), the issuer behind the USD Coin (CRYPTO: USDC) stablecoin, has stunned Wall Street with a meteoric 540% surge since its IPO on June 5.

Circle stands to benefit from stablecoin regulation via the GENIUS Act, with USDC positioned for global payment disruption.

Circle shares extended gains as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act.

Circle Internet Group shares are up 8% in premarket trading Friday, extending gains they have made since the Senate passed ...