Circle Internet Group (NYSE:CRCL) share price surged amid a broad cryptocurrency rally following a White House meeting with industry executives, with lower Treasury yields and expanded government bond buybacks also supporting risk assets. President Donald Trump urged Congress to pass a “fair version” of the CLARITY Act.

The meeting strengthened the policy narrative without changing Circle’s immediate economics. Circle Internet Group (NYSE:CRCL) ended the second quarter with $73.3 billion of USDC in circulation, up 19% year over year. Reserve income still represented $668 million of its $701 million in total revenue and reserve income.

The central question is whether clearer rules can expand USDC adoption…