The Stablecoin Surge Driving CRCL’s Rise Circle Internet Group (NYSE:CRCL) is the issuer of USD Coin (USDC) that has captured Wall Street’s attention with a meteoric rise since its June IPO. The stock skyrocketed from $31 to nearly $200 per share,

U.S. President Donald Trump on Friday signed a law to create a regulatory regime for U.S.-dollar-pegged cryptocurrencies known as stablecoins, a milestone that could pave the way for the digital assets to become an everyday way to make payments and move money.

A crypto analyst known for his charts says that altcoins are flashing a very bullish signal that's been five years in the making.