US lawmakers advance the Clarity Act with stablecoin yield restrictions 🏦
The compromise language restricts passive yield on stablecoins, outlining limits on yield-generating designs.
Circle’s institutional payments stack includes the x402 protocol, now under the Linux Foundation with support from AWS, Cloudflare, Stripe, Shopify, and Google.
The article states that regulatory momentum and enterprise adoption trends position Circle for increased institutional market share as stablecoin volumes reach record highs.