YahooSeptember 3, 2026 at 11:30 AM NYyesterday

Circle Internet Surges 14% Despite Wall Street Building Rival Stablecoin; Coinbase Spikes 10%

Washington's push to regulate stablecoins sent Circle Internet stock soaring past a key threshold this morning, even as 21 of the biggest names in traditional finance quietly assembled a rival that could upend the very advantage regulators are handing Circle.

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COINCoinbase Global Inc184.56− 4.23%

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