Circle Internet Group (CRCL) climbed 2.48% to close at $63.15 ahead of a high-level White House summit focused on the CLARITY Act, a pivotal regulatory framework for USDC.
- The summit is viewed as a critical legislative milestone for the stablecoin's regulatory future and its potential for mainstream financial adoption.
- While Zacks Research issued a "strong sell" downgrade, investor sentiment remains buoyed by JP Morgan’s "Buy" rating and the prospect of deeper institutional integration.