Why Wall Street Is Wrong About Coinbase and Circle Stock

By Travis Hoium – Mar 24, 2026 at 5:04PM ESTKey PointsThe Clarity Act may make rewards illegal for stablecoins, making it difficult to compete with interest-bearing bank accounts. Ironically, the bill would also make Coinbase and Circle more profitable. Shares of both Coinbase (COIN 9.76%) and Circle (CRCL 20.11%) plunged double digits on news that Congress is getting close to passing a bill that would make stablecoin rewards illegal. These rewards are seen as a key reason to hold stablecoins, but the impact on these companies may not be what you think. If the bill passes, both Coinbase and Circle could be more profitable, which makes this a great buying opportunity for investors. *Stock prices used were end-of-day prices of March 24, 2026. The video was published on March 24, 2026. Read NextMar 15, 2026 •By Emma NewberyCoinbase Just Gained More Than 25% in a Month. Here's Why It's Still a BuyMar 9, 2026 •By Dominic BasultoCoinbase Just Delivered Fantastic News to Its Customers.

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Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.TMFFlushDrawX@travishoiumStocks MentionedCoinbase GlobalNASDAQ: COIN$181.04(-9.76%)-$19.58Circle Internet GroupNYSE: CRCL$101.17(-20.11%)-$25.47*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.