AAVE Rockets 20% as US Stablecoin Bill Passes House Vote—DeFi’s Washington Breakthrough?
DeFi’s institutional moment arrives as AAVE spikes on regulatory tailwinds. The ’Clarity for Payment Stablecoins Act’ clears House Financial Services Committee—a rare bipartisan crypto win that could legitimize DeFi’s plumbing.
Market reacts: AAVE hits 3-month high as traders price in institutional liquidity. The bill creates federal oversight for stablecoin issuers while (theoretically) protecting decentralized protocols from SEC overreach.
Cynic’s corner: Washington finally notices stablecoins... just as Tether’s market cap crosses $100B. How convenient.