Tracking the Pivotal Point of Circle Internet Group (CRCL): Price Increase after US Regulatory Breakthrough and $21.5 Trillion Transaction Volume!
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Circle Internet is at the center of the digital dollar infrastructure as the issuer of the USDC stablecoin. On May 4, a bipartisan deal on the "CLARITY Act" in the US Congress triggered a massive price jump of nearly 20%. This legislation provides legal certainty for stablecoins for the first time. The operational strength was confirmed in the Q1 figures published on May 11, with on-chain transaction volume exploding by 263% to $21.5 trillion. The USDC circulation increased by 28% year-over-year to $77 billion, resulting in a quarterly revenue of...
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