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Circle Stock Price Forecast as White House Economists Dismiss Stablecoin Bank Risk

·1 min read


Circle (CRCL) stock jumped by more than 7% during the pre-market trading session on April 8 after reports that economists at the White House have dismissed claims that stablecoin rewards have the potential to harm banks. Towards the end of last month, the Circle stock price dropped due to concerns that the CLARITY Act would restrict yield on stablecoins.

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