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Circle shares jump 18% as CLARITY Act favors stablecoin model, challenges DeFi competitors.

Market News
29 Mar 2026
Tokenpost
View Source
Bullish
pluang ai news

Shares of Circle surged over 18% after the proposed CLARITY Act of 2025 was seen as beneficial for its stablecoin USDC by banning interest payments on customer reserves, a move that could limit competitors using yield incentives. The bill aims to standardize stablecoin oversight and reduce risks but creates uncertainty for DeFi tokens, causing some to fall. Circle’s USDC supply grew 72% year-over-year, reinforcing its market position. Investors expect continued volatility as the legislation progresses and regulatory clarity evolves.

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