Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

Why Ripple's RLUSD Could Overtake USDC Following the CLARITY Act's New Stablecoin Rules [Yahoo! Finance]

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
Circle's stock fell over 20% on March 24 after the draft leaked, while RLUSD's growth model—built entirely on payments, settlement, and collateral—remains unaffected by the yield ban. RLUSD reached $1.25 billion in market cap within 15 months without offering yield, and Ripple's OCC bank charter gives it a regulatory edge that Circle is still pursuing. A recent study identified one single habit that doubled Americans' retirement savings and moved retirement from dream, to reality. Read more here Circle spent years turning USDC into a $78 billion stablecoin, and a big part of that growth came from one simple pitch—hold USDC on Coinbase and earn rewards on your balance. The model worked until the CLARITY Act's latest draft proposed banning yield on passive stablecoin holdings entirely, and Circle's stock had its worst day since going public. Ripple's (CRYPTO: XRP) RLUSD has been growing without any of that. It crossed $1 billion in market cap faster than most stablecoins, and n Show less Read more
Impact Snapshot
Event Time:
COIN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for COIN alerts
Opt-in for
COIN alerts

from News Quantified
Opt-in for
COIN alerts

from News Quantified