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Circle shares extend their rally after Senate passes landmark stablecoin bill

Circle Internet Group Initial Public Offering at the New York Stock Exchange in New York City, U.S., June 5, 2025. Shares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act. The stock was up nearly 17% in premarket trading as excitement continued to build. The bill passed the Senate Tuesday and now heads to the House of Representatives. Shares rose 33% on Wednesday on the news. The market was closed Thursday fo