Circle falls 28%, valuation returns to watch range
ChainCatcher reported that the CLARITY Act has seen key developments recently: a compromise draft proposes to restrict platforms from offering returns on idle token balances. For Circle, this may limit the expansion of some interest-bearing products; however, once the regulatory framework is established, USDC's compliance status could become clearer.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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