Circle posts worst day on record as proposed law could limit stablecoin yield

Earning yield, usually in the form of rewards, on stablecoins like Circle's USDC and others is key incentive for users to ...

Circle Soared Almost 60% This Year: 1 Reason It Will Grow More and 1 Reason to Be Cautious

Circle generated $2.6 billion from its reserve income last year. According to its full-year earnings report, the amount of ...
CoinDesk

Circle stock plunges 20% as a new draft of the Clarity Act threatens stablecoin rewards

Circle shares fell 20%, and Coinbase dropped about 10%, after a draft of the U.S. Clarity Act raised the prospect of strict ...
CoinDesk

Circle selloff may be overdone as crypto bill weakens Coinbase edge, say analysts

The latest draft of the CLARITY Act hit both stocks, but one analyst says the bill could ultimately shift bargaining power ...
24/7 Wall St.

Circle Plummets 19%, Coinbase Craters 11%: Two Crypto Stocks Caught in the Clarity Act Crossfire

A single piece of proposed legislation is erasing billions in market value from the two most prominent stablecoin-linked stocks in the U.S. market today. Circle Internet Group (NYSE:CRCL) shares are ...
Decrypt

Circle Stock Dives as Rival Tether Secures Big Four Audit, Crypto Bill Threatens Stablecoin Yield

Circle (CRCL) stock plunged 20% on Tuesday as stablecoin rival Tether made a long-awaited move and Clarity Act speculation ...