SEC / Treasury Stablecoin Regulation

[blockrevs]

What do you guys see for crypto regulation and specifically stable coins?

What if you hold debt in stable coins DAI, USDT USDC?

Any sources of crypto regulation are helpful!

[Yogee]

I don't see why it should be classified as a security. Sure it is issued by a company but only used as a tool to facilitate transactions with financial products such as STOs and other types of crowdfunding. USDC and other stable coins should be treated like a fiat on the blockchain.