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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)$89,184.00-3.31%
  • ethereumEthereum(ETH)$3,017.97-3.85%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.09%
  • binancecoinBNB(BNB)$881.46-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.67-4.61%
  • tronTRON(TRX)$0.285388-0.09%
  • staked-etherLido Staked Ether(STETH)$3,015.46-3.95%
  • dogecoinDogecoin(DOGE)$0.139140-5.76%
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  • bitcoinBitcoin(BTC)$89,184.00-3.31%
  • ethereumEthereum(ETH)$3,017.97-3.85%
  • tetherTether(USDT)$1.000.00%
  • rippleXRP(XRP)$2.03-3.09%
  • binancecoinBNB(BNB)$881.46-2.21%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$132.67-4.61%
  • tronTRON(TRX)$0.285388-0.09%
  • staked-etherLido Staked Ether(STETH)$3,015.46-3.95%
  • dogecoinDogecoin(DOGE)$0.139140-5.76%