Coinbase Stock Hits New High Amid Stablecoin Regulatory Advances

Edited by: Elena Weismann

On June 25, 2025, Coinbase Global Inc. (COIN) shares hit an intraday high of $375.80, exceeding the previous record of $357.39 from November 2021. This surge occurred alongside significant developments in U.S. stablecoin regulation. (Source: June 25, 2025)

The U.S. Senate passed the GENIUS Act on June 17, 2025, establishing a federal framework for stablecoins. The bill, supported by both parties (68-30), awaits approval in the House of Representatives before potentially reaching President Donald Trump. (Source: June 17, 2025)

Circle Internet Group, the USDC issuer, went public on the NYSE in June 2025. The IPO saw shares initially priced at $31, closing the first day at $83.23. Coinbase benefits from USDC's growth due to its collaboration with Circle. (Source: June 2025)

As of Friday, June 27, the current price of Coinbase stock is $352.25, reflecting a decrease of $22.82 (-0.06%) from the previous close. The intraday high reached $375.80, with a volume of 18,406,776. The latest trade occurred at 17:51:25 UTC. (Source: June 27, 2025)

Sources

  • Yahoo! Finance

  • US Senate passes stablecoin bill in milestone for crypto industry

  • Circle's IPO and the new era of stablecoin regulation in the U.S.

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