Circle recently shared its feedback with the SEC regarding the proposed Regulation Crypto Assets, highlighting the belief that stablecoins possess the capability to serve as the foundational cash component within a tokenized economy. In its formal comments, the organization champions the creation of technology-neutral rules to guide onchain capital formation. Additionally, Circle backs the application of cash treatment for any qualifying stablecoins and supports utilizing GENIUS-compliant payment stablecoins when handling consideration and settlement.

https://www.circle.com/blog/circle-submits-comment-letter-on-secs-proposed-regulation-crypto-assets