The potential ban on passive yield in the CLARITY Act draft shook the market, with Circle $CRCL dropping and Coinbase taking a hit. At the same time, Tether is making moves toward more trust with a Big Four audit for USDT. #Stablecoins #CLARITYAct #BingX

chizzy lamzzy CRYPTO
@chimezie1195691
03-26
Crypto shake-up today 👀: Circle $CRCL stock dropped nearly 20% after a leaked draft of the U.S. CLARITY Act surfaced. The draft could ban passive yield for stablecoins like $USDC basically, earning “free interest” just for holding could be over, though activity-based perks might


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