Circle Backs SEC Crypto Rules as USDC Adoption Strengthens Its Stablecoin Strategy

Circle has urged the U.S. Securities and Exchange Commission (SEC) to establish clearer regulations for crypto-asset offerings, emphasizing regulatory certainty for payment stablecoins such as USDC. In an October 20 comment letter, the company outlined recommendations for the SEC’s proposed Regulation Crypto Assets, covering stablecoin treatment, broker-dealer requirements, and permissionless blockchain networks. The submission comes as USDC expands across trading, payments, collateral, and decentralized finance (DeFi), strengthening its role in digital financial infrastructure. Circle submitted its comment letter to the SEC on October 20 in response to its proposed Regulation Crypto Assets framework.