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Circle stock plunges amid new Clarity Act draft banning stablecoin rewards

Circle's stock (CRCL) fell sharply, dropping between 18% and 22% on March 24, 2026, following reports that a revised draft of the U.S. Senate's Clarity Act would ban platforms from offering yield or rewards on stablecoin holdings.

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  • CoinDesk - Circle stock plunges on Clarity Act draft
    coindesk.com
  • Latest Clarity Act Draft Bans Rewards on Passive Stablecoin Balances
    The Defiant
  • Circle Stock Dives as Rival Tether Secures Big Four Audit, Crypto Bill Threatens Stablecoin Yield
    Decrypt
  • Crypto.News - Circle stock crashes as U.S. bill targets stablecoin rewards
    crypto.news
  • NewsBTC - Circle crashes below $100 after Senate revises crypto bill
    newsbtc.com