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Circle weighs in on SEC vs. Binance case, argues stablecoins are not securities

September 29, 2023 by DIGIT
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Circle noted that assets pegged to USD are not securities, partly because users are not expecting any profit from acquiring them.

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Categories Circle Binance SEC
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  • bitcoinBitcoin(BTC)$89,510.00-3.92%
  • ethereumEthereum(ETH)$2,991.90-7.00%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$888.65-4.22%
  • rippleXRP(XRP)$1.90-5.61%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$126.63-5.60%
  • tronTRON(TRX)$0.297945-3.39%
  • staked-etherLido Staked Ether(STETH)$2,989.68-7.05%
  • dogecoinDogecoin(DOGE)$0.123657-4.16%
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  • bitcoinBitcoin(BTC)$89,510.00-3.92%
  • ethereumEthereum(ETH)$2,991.90-7.00%
  • tetherTether(USDT)$1.00-0.05%
  • binancecoinBNB(BNB)$888.65-4.22%
  • rippleXRP(XRP)$1.90-5.61%
  • usd-coinUSDC(USDC)$1.000.00%
  • solanaSolana(SOL)$126.63-5.60%
  • tronTRON(TRX)$0.297945-3.39%
  • staked-etherLido Staked Ether(STETH)$2,989.68-7.05%
  • dogecoinDogecoin(DOGE)$0.123657-4.16%