US SEC Raises Concerns Over Circle’s USDC Stablecoin

The US Securities and Exchange Commission (SEC) has expressed worries about Circle’s stablecoin, USDC, as the firm aims to become public through a multi-billion-dollar initial public offering (IPO). According to Barron’s, the concerns were highlighted in regulatory filings on June 18.

SEC’s Worries

The SEC’s concerns mainly revolve around the potential risks linked with the stablecoin…

Bron: cryptoslate.com