As the "Clear Act" is expected to heat up, both Circle and Coinbase are rising.

Circle and Coinbase stock prices rose in tandem on expectations of the “Clear Act.” As the U.S. Senate resumes legislative proceedings, signals of regulatory clarification strengthen, leading to buying interest in related stocks.

On the 13th local time, Circle’s stock price was $95.85, up 8.87% from the previous trading day. Coinbase also rose 2.36%, closing at $171.81. Market analysis suggests this reflects expectations that, after the Senate ends its two-week recess, discussions on crypto asset regulation will officially commence.

ClearStreet analyst Owen Lau stated, “The stock prices reflect the market’s anticipation of positive news related to the bill from the Senate this week. Observations that the ‘Clear Act’ may be submitted to the Senate Banking Committee are stimulating investment sentiment.”

The “Clear Act” signals the removal of regulatory uncertainty

The “Clear Act” is a bipartisan piece of legislation aimed at clarifying regulatory authority and rules for the crypto asset market. Its core contentious point is the regulation of “stablecoins,” a long-standing point of disagreement between industry and policymakers.

However, recent atmosphere has shifted. It is reported that in March, the White House and Senate leadership reached a principled agreement on the yield provisions for stablecoins, and both parties in the Senate Banking Committee expressed support for bipartisan cooperation. The remaining variable is internal industry consensus; if this is resolved, formal bill review could likely begin within April.

Circle’s strong performance also supports the upward trend

Circle’s rise is also influenced by improved performance. Its Q4 2025 revenue reached $770 million, a 77% year-over-year increase; USDC circulation reached $753 billion, up 72%. Meanwhile, on-chain trading volume surged 247%, reaching $11.9 trillion.

Earnings per share were $0.43, significantly exceeding the market expectation of $0.16, successfully turning a profit. Analysts pointed out that after the earnings release, short covering and “short squeeze” activities further amplified the stock price increase.

“Clear regulatory clarity will attract more institutional capital”

The market believes that if the “Clear Act” passes, it will have a significant impact. Once regulatory uncertainty is eliminated, the issuance and circulation of stablecoin USDC are likely to expand with a focus on institutional investors.

This could also long-term expand Circle’s profit structure. According to analyst consensus, the average target stock price for Circle is $183.75, with valuation estimates ranging from $80 to $250, indicating significant divergence.

Ultimately, this week’s Senate discussions will not only determine the short-term stock price direction but are also expected to be a key variable in shaping the overall “regulatory framework” for the crypto asset market.

TP AI Notice: This article uses the TokenPost.ai language model to generate the summary. It may omit main content or differ from actual facts.