Due to the positive stimulus from the compromise reached on the stability of stablecoin yields in the "CLARITY Act," the stock prices of several publicly traded crypto companies rose. Among them, stablecoin issuer Circle (CRCL) surged 19.4%, crypto custody platform BitGo (BTGO) rose over 10%, Coinbase (COIN) increased more than 6%, Robinhood (HOOD) rose about 4%, and Gemini (GEMI) edged up 0.21%. It is reported that, in the context of traditional banks previously opposing interest payments on stablecoins, the related compromise plan proposes allowing stablecoin holders to earn yields in the form of "rewards," but the final bill text has not yet been made public. (Crowdfund Insider)

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