Circle Internet Group (NYSE:CRCL) is one of the Double-Digit Winners: 10 Stocks Crushing The Market. Circle Internet skyrocketed by 80 percent week-on-week, closing at $240.28 versus the $133.56 on June 13,

Circle Internet Group shares are up 7% in intraday trading Friday, extending gains they have made since the Senate passed the GENIUS Act to establish a federal framework around the use of stablecoins.

Shares of Circle (CRCL, Financials) surged 53% this week after the U.S. Senate passed the GENIUS Act; the first major federal legislation to regulate stablecoins. The bill outlines full reserve requirements;