Circle surges 247% in two days… Apple and X considering entering stablecoin market?

Circle has surged 247% in just two days. According to Fortune, a US economic media outlet, on the 8th (local time), the stock price of Circle, a leading US IT company,
It was reported that Apple, X, and other companies were considering entering the stablecoin market to reduce costs and contacted Circle. Following this news, Circle closed at 29.4 on the New York market last weekend (6th).
Circle's listing price rose 168.48% to $107.70 on the first day of its listing, the 5th. This brings the total to 247% in just two days.
Circle is the issuer of stablecoin USDC. Stablecoins are cryptocurrencies that have their value pegged to a specific asset in order to minimize price volatility.
It refers to crypto assets (virtual currencies). It is mainly pegged to the dollar. USDC, issued by Circle, is the second largest stablecoin in the world. Its market share reaches 27%. Total market capitalization
The top stablecoin is Tether (USDT), the third-largest crypto asset by market capitalization, with a market share of 67%.
Stablecoins are a response to the Donald Trump administration's move to ease regulations on crypto assets.
As a result, there is a high possibility that the U.S. Congress will pass a stablecoin-related bill within August, and this has recently attracted attention.