According to online reports, according to Reuters, or due to rare bipartisan support in the United States to push the passage of the stablecoin bill in the Senate, the U.S. stock crypto sector rose sharply. Circle closed up 33.8%, Coinbase closed up 16%, and Robinhood, a commission-free broker that provides cryptocurrency trading services, rose 4.5%. Bernstein analysts pointed out that once the Genius Act is passed into law, possibly by the end of the summer, stablecoins are expected to evolve from the monetary orbit of cryptocurrencies to the monetary orbit of the Internet. Analysts at Barclays said that if Trump signs the stablecoin bill and formally becomes law within the year, it will be one of the most important cryptocurrency bills and bring new growth to the stablecoin market and is expected to increase the revenue of Digital asset infrastructure companies such as Circle and Coinbase.