Circle Shares Jump 20% as Lawmakers Reach Stablecoin Deal

Circle Internet Group’s stock jumped nearly 20% on Monday after two US senators announced a bipartisan compromise on one of the most contentious issues holding up federal crypto legislation. The deal, months in the making, drew loud opposition from the banking industry within hours of its release. Lawmakers Push Stablecoin Compromise Despite Bank Resistance In posts published on X on May 5, Senator Thom Tillis …