Crypto
Clarity Act Draft Shakes Stablecoins, Spurs ETH Yield
The crypto market is reacting to a new draft of the Clarity Act, which could ban stablecoin yields and impact Circle and Coinbase. Meanwhile, Tether is undergoing its first major audit by a Big Four firm. This regulatory pressure may drive users towards Ethereum staking for yield and shifts attention in safe-haven assets from gold to Bitcoin.
