Can stablecoins become as useful as cash in traditional finance? $CRCLX is asking the US SEC to recognize qualifying payment stablecoins as cash under its proposed crypto regulations. The company also wants the 2% broker-dealer capital deduction for qualifying stablecoins reduced to zero, subject to safeguards. These are requests, not approved changes. Source If accepted, the changes could make it easier for financial institutions to use compliant stablecoins for payments and settlement. For the crypto market, clearer rules could strengthen the role of stablecoins in connecting digital assets with traditional finance. But the SEC's decision will matter. Do you think treating compliant stablecoins like cash would accelerate crypto adoption? #Stablecoins #USDC #CryptoRegulation