COIN and CRCL Stock Outlook as ECB Echoes US Banks’ CLARITY Act Warning on Stablecoins

The executive board member of the European Central Bank, Piero Cipollone, warns that stablecoins have the potential to affect bank deposits, echoing the same concerns raised by US banking groups who are calling for changes to the CLARITY Act. These concerns continue to weigh on Coinbase (NASDAQ: COIN) and Circle (NYSE: CRCL) stocks, whose prices