The Senate Banking Committee’s approval of the CLARITY Act, under the leadership of Chairman @SenatorTimScott and its members, marks meaningful, bipartisan progress toward comprehensive digital asset regulation in the United States. Regulated payment stablecoins like USDC are already accelerating global economic activity, strengthening financial markets, and unlocking new utility through programmable digital money. With the GENIUS Act, the U.S. has established a strong, bipartisan foundation for this growth. The next step is clear: Congress should advance market structure through CLARITY to provide greater certainty, enhance protections, and reinforce the dollar’s role in the digital economy.
En route to the @WhiteHouse for the historic signing of the GENIUS Act, one of the most transformative pieces of legislation in decades. Global financial system, welcome to the Internet!
The House vote to clear the GENIUS Act for the President’s signature is a defining moment for the future of money and the internet financial system. It signals strong bipartisan support for responsible innovation and sends a clear message that the U.S. will lead in the regulation of dollar-backed payment stablecoins. We commend Congressional leaders for delivering a regulatory foundation that puts consumer protection, financial integrity, and U.S. competitiveness at the forefront. Read more about the GENIUS Act:
https://t.co/sFydhG7wnd
The Senate’s passage of the GENIUS Act marks a historic moment for the future of money. We commend Senators on both sides of the aisle for working together to craft pragmatic, bipartisan legislation that supports innovation while protecting consumers and preserving the strength of the U.S. dollar in the digital age. Since 2021, Senate and House committees have held extensive hearings and markups on stablecoin legislation and the GENIUS Act is the product of those deliberations. We urge the House to act without delay and send this critical bill to the President’s desk so it can become law.
https://t.co/IijqhuhH8o
At @circle, our mission to raise global economic prosperity through the frictionless exchange of value has never wavered, and today I am proud to share that @circle is now a public company, listed on the @NYSE under $CRCL
Thank you to all our extraordinary Circlers and trusted partners around the globe. As we take this next step, our focus remains the same, building a more inclusive, open, and efficient financial system that works for everyone, everywhere. The future of finance is here.
Circle is now officially a public company, listed on the @NYSE under $CRCL.
With @USDC, EURC, Circle Payments Network & more, we're pushing forward a future of frictionless value exchange.
We are not just building financial products. We are building the money layer of the internet.
To everyone who has contributed to this moment, thank you.
Ahead of tomorrow’s .@FinancialCmte markup of the STABLE Act, we must first commend Chairman .@RepFrenchHill and .@RepBryanSteil on how the bill achieves a clear America first standard when it comes to the issuance and circulation of dollar-denominated payment stablecoins. Clear guidance on reserving, trust, transparency and financial crime compliance, are linked to clear standards that promote a competitive playing field for U.S. issuers, and clear guidance for international reciprocity with other jurisdictions. The U.S. will win, when payment stablecoins that reference the dollar have a clear pathway to enter into the United States' regulatory perimeter. We urge swift and bipartisan passage of the STABLE Act.
Today marks a day of historic and bipartisan progress on creating a principled, America-first framework for regulating payment stablecoins. Under the leadership of @BankingGOP Chairman @SenatorTimScott, @SenatorHagerty, @SenLummis, @SenGillibrand, @Sen_Alsobrooks the GENIUS Act provides a pathway for the U.S. to lead rather than be led. This week's Strongly bipartisan @FinancialCmte hearing led by @RepFrenchHill also shows there is a path for bicameral alignment on a rules-based regime and a level playing field that incentivizes companies to grow and build their businesses in the U.S. My @AmerBanker reflections expands on the case for clear rules: https://t.co/LHgiwdYAsK
Today's @FinancialCmte hearing led by Chairman @RepFrenchHill was equal measures substantive, as it was bipartisan. The witnesses collectively made a strong case for principled U.S. stablecoin legislation, while drawing clear boundaries around CBDCs. https://t.co/3TZS9rQTef
@SenatorHagerty, @SenatorTimScott, @SenLummis and @SenGillibrand have developed the strongest stablecoin bill yet with the GENIUS Act. It clearly builds on years of prior bipartisan work and addresses the equities in the U.S. - from states rights, to a Federal floor and opportunities for both bank and non-bank issuers. Critically, the bill also ensures compliance with financial integrity norms that will enhance national security and dollar competitiveness.
https://t.co/6hGDlc39io
A new milestone for the euro onchain.
EURC, the largest euro stablecoin in circulation and the largest MiCA-compliant euro-denominated e-money token, has now reached €100M in circulation.
Navigating MiCA: The Future of Crypto and Stablecoins in the EU
Join Circle's Chief Strategy Officer, @ddisparte, alongside industry leaders and EU policymakers, as they delve into the implications of the Markets in Crypto-Assets Regulation (MiCA) which is now in effect.
https://t.co/A3wrl5g8oi
Hot off the press, @circle's annual USDC Economy report. We chronicle a year of breakthroughs, including 78% annualized growth, all-time transactions over $20 trillion and a number of partnership and regulatory firsts, including #MiCA.
https://t.co/Ujq6J49Lre
From Hong Kong to all of Europe and jurisdictions in between, legal and regulatory certainty for stablecoins is a global reality that will accelerate in 2025. @hkmagovhk share's a stablecoin bill for legislative deliberation.
Sharing an important development from @circle and the continuous availability of $USDC in Canada. Circle is the first major #Stablecoin issuer to comply with with new Canadian listing rules. An important step showing that where principled rules are made, responsible actors will follow.
https://t.co/E2UrUr7RhC
I joined @avrilhongTV for a live @business broadcast from @sgfintechfest. I shared reflections on U.S. elections, how #Crypto policy came of age - what the polls got wrong @Polymarket got right. We also covered how @circle will navigate this cycle.
https://t.co/n1rIkItcfs