Circle Internet Shares Jump After Bipartisan Stablecoin Yield Compromise
Circle Internet Group shares climbed 16.07% in market hours following release of a bipartisan compromise text for the Digital Asset Market CLARITY Act that restricts passive yield on idle stablecoin balances while allowing activity-based rewards. The agreement, announced by Senators Thom Tillis and Angela Alsobrooks, clears a major legislative obst…