TechFlow News from Deep Current, March 25: According to The Block, Circle's stock price dropped approximately 20% on Tuesday, with market concerns over clauses in the U.S. Clarity Act draft that restrict stablecoin yields. In response, Bernstein analysts believe the market has misinterpreted the legislation, emphasizing that the act primarily targets distributors rather than issuers — Circle generates reserve income through investments in short-term U.S. Treasury securities and does not directly pay yields to token holders, thus not subject to the direct constraints of this clause. Bernstein maintains an outperform rating on both Circle and Coinbase, with target prices of $190 and $440 respectively.