The U.S. Securities and Exchange Commission (SEC) has shared its views on stablecoins. This guidance aims to clarify the rules for these digital assets. The SEC focuses on a new category called 'Covered Stablecoins.'
- Covered Stablecoins are stablecoins valued at $1.
- They are backed by low-risk assets.
- The leading examples are Tether (USDT) and USDC.
- These coins do not count as securities.
- No expectation of returns for buyers.
| Detail | Value |
|---|---|
| Stablecoin Value | $1 |
| Regulatory Status | Not a Security |
