Circle today +18% in the US stock market, CRCLXUSDT current price 127 USDT

The trigger was the Senate's Clarity Act compromise language being released, with stablecoin yield provisions retained, the biggest disagreement in the bill has been resolved
I feel this is not emotional hype, but a re-pricing of fundamentals. Once the Clarity Act is officially passed, $USDC will shift from a product in the regulatory gray area to a payment tool defined by federal law, making it easier for institutional compliance teams and allowing assets and liabilities to be on the balance sheet—this identity switch has real value
What's more interesting is that in the same week, Western Union launched stablecoins on Solana, and $DTCC announced the official launch of the tokenized securities platform in October
These three events coinciding together, the window for institutional stablecoin development is opening rapidly, and Circle is the most direct beneficiary
The risks are also clear: the bill is not finalized yet, and with the interest rate cut cycle coming, interest spread income will be compressed, with Tether and PayPal as real competitors
After the Clarity Act is officially passed, how much market share do you think USDC can regain from Tether?
Not investment advice, DYOR