Daily Market Wrap | Apr. 17

Hot Topics

CLARITY Act talks were delayed, while the ban on stablecoin idle-balance rewards stayed.

Hong Kong’s Flow Capital reportedly plans to bring a $150M private credit fund onchain.

Market Updates

Circle was hit with a class action lawsuit over alleged inaction tied to the $280M Drift exploit fallout.

Tempo unveiled “Zones,” a permissioned parallel chain for enterprise stablecoin privacy and compliance.