Clarity Act's Impact On Coinbase
"COIN appears to benefit from Brian Armstrong flipping to support the relevant policy shift, which the video connects to upside momentum on the chart after the stance change."
"Coinbase currently derives over 25% of its corporate revenue from stablecoin operations, and a passive-yield ban or prolonged regulatory ambiguity from the Clarity Act would materially threaten that revenue stream, so I view COIN as exposed until firm legal protections are enacted."