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The Nexus
BUSINESSMay 5 · 02:11 UTCTHE BLOCKTimmy Shen

Crypto stocks rally amid Clarity Act momentum; Circle jumps nearly 20%

Sens. Alsobrooks and Tillis finalized a compromise on language governing stablecoin yields in the Clarity Act, leading to a rally in crypto stocks, with Circle jumping nearly 20%. The compromise aims to bring clarity to the regulation of stablecoins. This development is expected to have a positive impact on the crypto market.

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