As awareness of Circle’s story grows, investors are beginning to see how Coinbase could benefit from opportunites in the stablecoin space.

Amazon (NASDAQ: AMZN) is still in the early stages of its stablecoin exploration, one person told the WSJ. Some of the discussion has focused on issuing its own stablecoin for online transactions.

Shares of Circle continued to climb on Friday as investors cheered the Senate approval of its proposed stablecoin legislation, the GENIUS Act.

Stablecoin issuer Circle resumed its rally on Thursday after a brief pullback this week. Shares were last higher by 7%, after losing about 15% earlier over the past three days amid heightened post ...