Circle Internet Group shares jump 18% on bipartisan stablecoin yield deal and USDC ecosystem growth

Circle Internet Group (CRCL) shares surged over 18% following a bipartisan agreement on the CLARITY Act that resolves the stablecoin yield issue by banning passive yields but allowing rewards for active users. This breakthrough ended months of legislative deadlock, with Circle's Chief Strategy Officer endorsing the deal. The momentum was further boosted by Meta and Visa expanding support for Circle's USDC stablecoin, alongside new payment platform launches and international partnerships. The stock's rise contrasts with broader market declines and signals growing institutional confidence in Circle's stablecoin ecosystem. A committee markup on the legislation could occur in mid-May, with a Senate vote expected by summer 2026.