Coinbureaunet reported that according to a Coin Bureau post: Circle's stock price plummeted 20%, Coinbase dropped 11%, and Circle's market value evaporated approximately $5 billion in a single day. The new draft of the U.S. "CLARITY Act" stipulates that exchanges and brokers are prohibited from offering interest or "economically equivalent" returns on U.S. dollar stablecoins, clearly positioning stablecoins as payment tools rather than deposit alternatives.

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