Bitcoin (btc)$74,966.00↑ 0.03%
Ethereum (eth)$2,123.32↓ 0.56%
Tether (usdt)$0.999049↓ 0.01%
BNB (bnb)$689.14↑ 0.43%
USDC (usdc)$0.999479↑ 0.00%
XRP (xrp)$1.097↓ 2.03%
Solana (sol)$86.38↓ 0.66%
TRON (trx)$0.317558↓ 0.41%
Figure Heloc (figr_heloc)$1.04↑ 0.00%
Zcash (zec)$1,169.11↓ 4.73%
Hyperliquid (hype)$74.68↓ 0.16%
Monero (xmr)$583.21↓ 2.84%
Dogecoin (doge)$0.069771↑ 0.76%
USDS (usds)$0.999998↓ 0.01%
LEO Token (leo)$9.33↑ 0.59%
Bitcoin (btc)$74,966.00↑ 0.03%
Ethereum (eth)$2,123.32↓ 0.56%
Tether (usdt)$0.999049↓ 0.01%
BNB (bnb)$689.14↑ 0.43%
USDC (usdc)$0.999479↑ 0.00%
XRP (xrp)$1.097↓ 2.03%
Solana (sol)$86.38↓ 0.66%
TRON (trx)$0.317558↓ 0.41%
Figure Heloc (figr_heloc)$1.04↑ 0.00%
Zcash (zec)$1,169.11↓ 4.73%
Hyperliquid (hype)$74.68↓ 0.16%
Monero (xmr)$583.21↓ 2.84%
Dogecoin (doge)$0.069771↑ 0.76%
USDS (usds)$0.999998↓ 0.01%
LEO Token (leo)$9.33↑ 0.59%

Stablecoin Crackdown

Published February 17, 2023

Originally aired on February 17, 2023

Stablecoin Crackdown: SEC Targets Circle’s USDC

  • Stablecoins like USDC and BUSD are designed to be stable when all else fails in the crypto market
  • The SEC is soon expected to issue an enforcement notice to Circle over USDC, after already sending one to Paxos
  • Gary Gensler, the SEC chairman, is suggesting that stablecoins could be considered securities
  • Rumors are circulating about government scrutiny of crypto staking, with Circle’s USDC being caught in the crosshairs
  • Senator Cruz has proposed vending machines in the Capitol building that take crypto for payment

Stability of Stablecoins in Question as SEC Targets Circle’s USDC

Meta description (250 characters max): Find out more about the SEC’s potential crackdown on stablecoins, including Circle’s USDC, and the implications for the crypto market.
Meta description (100 characters long): Discover how the SEC’s scrutiny of stablecoins, like Circle’s USDC, could affect the crypto market.
Keywords/keyphrases: stablecoins, USDC, SEC, enforcement notice, crypto staking, crypto payments