Says “Post IPO and Genius Act, we are experiencing rapid expansion in commercial opportunities.” Says Genius Act will “accelerate stablecoin adoption by major financial institutions, mainstream enterprises, technology companies, and ultimately, drive much broader use of stablecoins across retail and wholesale payments as well as broader usage in trad fi capital markets.” Comments taken from Q2 earnings conference call.
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- Circle Internet up 7% at $172 after its Q2 results
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