Circle plunged on CLARITY Act fears, but fundamentals unchanged — Bernstein

Circle plunged on CLARITY Act fears, but fundamentals unchanged — Bernstein

Bernstein says proposed US stablecoin rules target yield distribution, not issuers like Circle, as USDC adoption and transaction volumes surge.

Circles shares sell-off on Tuesday may have been overdone as investors failed to see that the stablecoin issuers core business model remains unaffected by the proposed CLARITY Act, analysts at Bernst… [+2447 chars]
Circle plunged on CLARITY Act fears, but fundamentals unchanged — Bernstein - FHMnews