US stocks fluctuate | Stablecoin leader Circle (CRCL.US) surged more than 6%, with a cumulative increase of over 410% since its listing.

According to the Wise Finance APP, on Wednesday, the stablecoin leader Circle (CRCL.US) rose by over 6%, accumulating over 410% since its listing, reaching $159. On the news front, the United States Senate passed a stablecoin bill on Tuesday local time with 68 votes in favor and 30 votes against, establishing regulatory rules for cryptocurrencies pegged to the US dollar. This is a milestone victory for the emerging crypto industry and US President Donald Trump. The bill will now be submitted to the House of Representatives for consideration.