Circle Extends Rally as CLARITY Act Compromise Reprices Stablecoin Equities
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2026-05-05 03:50
CoinEx News: Circle Internet Group shares closed nearly 20% higher on May 4, 2026, after U.S. senators Thom Tillis and Angela Alsobrooks released revised CLARITY Act language on stablecoin rewards. The proposal would bar crypto firms from paying bank-like yield solely for holding payment stablecoins, while preserving activity-based rewards.
The move links stablecoin regulation, USDC adoption and listed crypto-equity flows, giving traders a cleaner proxy for policy-sensitive stablecoin infrastructure exposure.
Source: CoinEx
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