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 survive. Coinbase also felt the impact. Meanwhile, Tether made a major move: they’ve brought in a Big Four firm for their first full independent audit of $USDT reserves. So while regulation hits $USDC, USDT is boosting transparency. The stablecoin landscape is definitely getting interesting. Who comes out on top? #Stablecoins #CLARITYAct #CryptoUpdates #BingX