CRCL Stock Price Slips as Banking Groups Warn CLARITY Act Still Leaves Stablecoin Loopholes

Circle (NYSE: CRCL) stock price is down by 2.22% today, July 14, during pre-market trading. This drop comes as the American Bankers Association warns that passing the CLARITY Act in its current state risks causing deposit flight from small banks as customers chase the yields that are paid on stablecoins. The pushback by banks comes