cryptoconservative
Circle's USDC Stablecoin Gains Ground Under New U. S. Policy
USAWednesday, October 29, 2025
Advertisement
Advertisement
Stock Performance
- Current Stock Price: $133 (2% dip)
- Trading Channel: Descending since June
- Key Moving Averages: $135–$140
- Potential Breakout: Above $140 could signal bullish momentum
- 200-day EMA: $154.80
- RSI: ~49 (recovered from oversold)
- Support Levels: $130–$134
USDC Market Cap Growth
- Surge: 59% since Trump took office
- Current Market Cap: $76 billion (up from $48 billion)
- Outpacing USDT: USDT grew by 32.5% (from $138 billion to $183 billion)
GENIUS Act Impact
- Policy Shift: Supports U.S.-regulated stablecoin issuers
- Circle's Advantage: U.S.-based, benefits from policy
- Tether's Response: Planning a U.S. subsidiary to stay competitive
- Coinbase Global Inc.: Major investor in Circle, stands to gain
Broader Implications
- Digital Dollar Potential: Private sector emergence
- Structural Advantage: U.S. administration favors Circle over offshore competitors
- Liquidity Race: Multi-trillion-dollar market impact
Actions
flag content
