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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)$104,810.00-2.62%
  • ethereumEthereum(ETH)$3,884.80-2.41%
  • rippleXRP(XRP)$2.48-6.75%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$717.85-1.55%
  • solanaSolana(SOL)$216.78-4.66%
  • dogecoinDogecoin(DOGE)$0.386987-4.14%
  • usd-coinUSDC(USDC)$1.000.05%
  • staked-etherLido Staked Ether(STETH)$3,878.48-2.44%
  • cardanoCardano(ADA)$1.04-5.27%
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  • bitcoinBitcoin(BTC)$104,810.00-2.62%
  • ethereumEthereum(ETH)$3,884.80-2.41%
  • rippleXRP(XRP)$2.48-6.75%
  • tetherTether(USDT)$1.000.04%
  • binancecoinBNB(BNB)$717.85-1.55%
  • solanaSolana(SOL)$216.78-4.66%
  • dogecoinDogecoin(DOGE)$0.386987-4.14%
  • usd-coinUSDC(USDC)$1.000.05%
  • staked-etherLido Staked Ether(STETH)$3,878.48-2.44%
  • cardanoCardano(ADA)$1.04-5.27%