Circle Stock Falls 20% as CLARITY Act Excludes Yield on Stablecoin Balances

Shares of Circle Internet Group declined sharply after reports that the latest version of the CLARITY Act would exclude yield provisions on stablecoin balances, a development that has drawn backlash across the crypto community.  Circle stock has fallen almost 20% intraday and continues to decline. X analyst Shay Boloor alluded to the development in a … Continue reading Circle Stock Falls 20% as CLARITY Act Excludes Yield on Stablecoin Balances