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"SEC has no right to deal with stablcoins" - Circle CEO Jeremy Aller, CEO of the issuer of stablcoin USDC Circle, said that stablcoins are payment systems, not securities. Because of this, he said, the SEC has no right to regulate them. #sec #Regulation #Stablecoins

"SEC has no right to deal with stablcoins" - Circle CEO

Jeremy Aller, CEO of the issuer of stablcoin USDC Circle, said that stablcoins are payment systems, not securities.

Because of this, he said, the SEC has no right to regulate them.

#sec #Regulation #Stablecoins

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