Circle stock crashes 22% as U.S. bill targets stablecoin rewards

Circle (CRCL) sank about 22%, its worst drop since June 2025, after a tougher CLARITY Act draft threatened to ban stablecoin yield, clashing with booming USDC growth. Circle Internet Group shares plunged on Tuesday after fresh reports that U.S. lawmakers…

Read Also

Top US law firm admits AI hallucinations in legal filing

Sullivan & Cromwell apologized after a court filing included about 40 incorrect citations and other errors linked to AI use.

Nium integrates Coinbase to enable instant USDC payouts

Singapore-based fintech firm Nium has partnered with Coinbase to bring USDC-powered cross-border payments to its global network. According to a

Coinbase backs Algorand, Aptos on post-quantum blockchain work

Coinbase said Algorand and Aptos are advancing quantum readiness as some proof-of-stake blockchains face greater upgrade needs.

Content