Is USDC considered a security by regulators?

3 answers

• Grayson WigginsDec 23, 2021 · 4 years ago
  USDC, which stands for USD Coin, is a stablecoin that is pegged to the US dollar. As of now, USDC is not considered a security by regulators. It is classified as a digital currency and is subject to the regulations governing cryptocurrencies. However, it's important to note that regulatory frameworks can evolve over time, so it's always advisable to stay updated with the latest developments.
  394

  197
• Dhruv KumarOct 30, 2022 · 3 years ago
  No, USDC is not considered a security by regulators. It is a stablecoin that is backed by a reserve of US dollars, and its value is pegged to the US dollar. As a result, it is treated as a digital currency rather than a security. This means that USDC is subject to the regulations and oversight that apply to cryptocurrencies, but it is not subject to the same level of scrutiny as securities.
  393

  131
• Friedman DamsgaardMar 13, 2024 · 2 years ago
  According to the latest information available, USDC is not considered a security by regulators. It is classified as a stablecoin and is subject to the regulations governing cryptocurrencies. However, it's worth noting that regulatory opinions can vary, and it's always advisable to consult with legal experts or refer to official regulatory guidelines for the most accurate and up-to-date information.
  401

  101