DeepTide TechFlow News, March 25. According to The Block, Circle's stock price dropped by around 20% on Tuesday, as markets worried about provisions in the draft of the US Clarity Act that restrict stablecoin yields. In response, Bernstein analysts believe the market has misinterpreted the legislation, emphasizing that the act mainly targets distributors rather than issuers — Circle obtains reserve yields by investing in short-term US Treasury bonds and does not directly pay yields to token holders, therefore it is not directly subject to these provisions. Bernstein maintains an outperform rating on both Circle and Coinbase, with price targets of 190 dollars and 440 dollars, respectively.