Get the latest tech news
Circle Gets Buy Rating After Senate Passes Stablecoin Bill
Circle Internet Group Inc.’s shares jumped 20% 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 setting up regulatory rules for cryptocurrencies pegged to the dollar.
Circle signage during the company's IPO on the floor of the New York Stock Exchange in New York on June 5. Photographer: Michael Nagle/Bloomberg
Or read this on Bloomberg