SEC Allows Stablecoins as Regulatory Capital. • The SEC now permits broker-dealers to count stablecoins as regulatory capital with only a 2% haircut, enabling firms to treat 98% of holdings as cash. • This regulatory shift could unlock significant liquidity and accelerate
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SEC Allows Stablecoins as Regulatory Capital. • The SEC now permits broker-dealers to count stablecoins as regulatory capital with only a 2% haircut, enabling firms to treat 98% of holdings as cash. • This regulatory shift could unlock significant liquidity and accelerate