VNCOIN Guide: CRCL, COIN news: Circle, Coinbase tumbles as regulators move to ban interest on stablecoins

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Tom tat nhanh

  • Stablecoin issuer Circle's (CRCL) shares tumbled on Tuesday, after a draft version of U.S.
  • stablecoin legislation raised concerns about limits on yield.
  • The stock of the USDC issuer fell as much as 18% in the early U.S.
  • session, snapping a weeks-long rally that saw more than 100% gain.
  • Meanwhile, crypto platform Coinbase (COIN), which shares revenue coming from the stablecoin, dropped about 8%.
  • The key catalyst behind the move was the latest version of the Clarity Act, as reported by CoinDesk, which would restrict offering rewards on stablecoin balances, analysts pointed out.

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Nguon tham khao: https://www.coindesk.com/markets/2026/03/24/circle-stock-plunges-18-as-a-new-draft-of-the-clarity-act-threatens-stablecoin-rewards

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