Circle Stock Drops as Clarity Act Limits Stablecoin Rewards
Circle Internet stock plunged after the latest Clarity Act draft banned rewards on stablecoin balances. Narrow yield rules spark sell-off.
Circle Internet stock plunged after the latest Clarity Act draft banned rewards on stablecoin balances. Narrow yield rules spark sell-off.
Coinbase builds infrastructure for AI agents to make seamless payments via x402 protocol. Competing in stablecoins as Cloudflare powers NET Dollar for agentic web economy.
Mastercard announced it will acquire stablecoin infrastructure leader BVNK for up to $1.8 billion. The deal connects traditional fiat rails with on-chain payments and stablecoins for faster, interoperable global transactions.
Ethereum climbs above $2,300 as BitMine adds $139.7M in tokens, ending mini-crypto winter per Tom Lee. ETF inflows return amid strong rally.
Monness Crespi calls Trump's Truth Social stablecoin support mere saber rattling. CLARITY bill shift favors Circle over Coinbase. Firm adds to COIN shorts, stays long CRCL.
Coinbase reports Q4 net loss of $667M as crypto market cools, but stablecoins provide some stability.