Just saw Circle's stock getting hammered down 20% today. Apparently there's a new draft of this Clarity Act floating around that's targeting stablecoin rewards programs. The market's basically pricing in that these rewards could get restricted or something. Within the next 48 hours or so, we might see more details on what this act actually means for projects like Circle. Honestly feels like another regulatory curveball for the stablecoin space. Watching to see how other projects react to this.

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