Circle shares dropped nearly 20 percent after a draft of the bipartisan CLARITY Act proposed banning interest-like rewards on stablecoin balances such as USDC, a key part of Circle’s revenue model. Coinbase also fell around 10 percent as investors reacted to concerns over future earnings tied to stablecoin products. Although activity-based rewards would still be allowed, markets fear the move could reduce USDC’s appeal. Some investors remain optimistic as institutional buying continues during the decline.
Story Highlights The live price of Flare crypto is . Price predictions for 2026 range…
Story Highlights The live price of the Decred token is . Price predictions for 2026…
Metaplanet, a Tokyo-listed company with one of the world’s largest corporate Bitcoin treasuries, is launching…
XRP is making headlines again. According to recent reports, Franklin Templeton’s research team says XRP is…
Shares of Circle Internet Group Stock (CRCL), the issuer of USDC, dropped nearly 20%, closing…
Strategy purchased another 1,031 Bitcoin for $76.6 million last week, bringing total holdings to 762,099…
