$CRCL - Owner of $USDC falls ~15% after the CLARITY Act deal signals no yield on stablecoin balances by allowing only activity-based rewards.

That weakens a key part of the bull case by making USDC harder to evolve from a payments utility into a real store-of-value product.

USDC
USDCUSDT
1.00001
+0.01%

CRCL
CRCLUSDT
93.36
-4.99%

#usdc #CircleIPO #TrendingTopic