Coinbase, Circle Stocks Spike Double Digits After Stablecoin Bill Clears Senate
Coinbase and Circle are soaring after a key stablecoin bill cleared the Senate—but Fed rate cuts could test their biggest revenue stream.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on DecryptRelated market context
Coinbase tokenized stocks make up 7% of Base blockchain DEX activity
The integration of tokenized stocks into DeFi could accelerate Base's ecosystem growth and influence future token offerings and ma...
Circle’s Arc tops stablecoin growth leaderboard in first week
Circle's Arc blockchain launched with $649M in USDC deployed, BlackRock and Visa backing, and sub-second finality targeting $0.01...
CFTC advances crypto rulemaking after Senate bill fails 49-50
The CFTC's proactive rulemaking highlights regulatory agility but underscores the fragility of agency-driven rules compared to leg...
Crypto industry blames Trump for failed landmark bill in Senate
The Senate's rejection of the crypto bill perpetuates regulatory uncertainty, potentially hindering U.S. competitiveness in the di...
Morpho Opens Borrowing Against Coinbase's Tokenized Stocks
Lending and borrowing against Coinbase's tokenized stocks is live on Base, Morpho said in a post on X. Holders can pledge the toke...
Morpho launches stock-backed loans on Base, letting users borrow against tokenized Coinbase stocks
Morpho's stock-backed loans on Base could revolutionize DeFi by enhancing liquidity options and integrating traditional finance as...