{"id":660822,"date":"2025-04-05T01:00:35","date_gmt":"2025-04-04T22:00:35","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/sec-lays-out-guidelines-for-stablecoins-excludes-algorithmic-tokens\/"},"modified":"2025-04-05T01:00:35","modified_gmt":"2025-04-04T22:00:35","slug":"sec-lays-out-guidelines-for-stablecoins-excludes-algorithmic-tokens","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/sec-lays-out-guidelines-for-stablecoins-excludes-algorithmic-tokens\/","title":{"rendered":"SEC lays out guidelines for stablecoins, excludes algorithmic tokens"},"content":{"rendered":"<p style=\"float:right;margin:0 0 10px 15px;width:240px\">\n                        <img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjUtMDQvMDE5NjAyNWMtZWZiMS03ZTY3LWE5ZDEtNDQyODZjMGRlYzdk.jpg\" class=\"type:primaryImage\">\n                    <\/p>\n<p>The total stablecoin market cap has topped $228 billion and currently accounts for 1.09% of the US M2 money supply, according to RWA.XYZ.<\/p>\n<p><p>The United States Securities and Exchange Commission (SEC) released a statement on April 4 establishing guidelines for stablecoins. <\/p>\n<p>In an April 4 statement, the agency minted a new term, &#8220;covered stablecoins,&#8221; classifying them as non-securities and exempting such tokens\u2019 transactions from reporting requirements.<\/p>\n<p>According to the SEC&#8217;s <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/www.sec.gov\/newsroom\/speeches-statements\/statement-stablecoins-040425\" rel=\"null\" target=\"null\" title=\"null\">definition<\/a>, a &#8220;covered stablecoin&#8221; is fully backed by physical fiat reserves or short-term, low-risk, highly liquid instruments and is fully redeemable at a 1:1 ratio with US dollars.<\/p>\n<p>The definition precludes algorithmic stablecoins that maintain their US dollar peg using software or an automated trading strategy, leaving the regulatory status of algorithmic stablecoins, synthetic dollars, and yield-bearing fiat tokens uncertain.<\/p>\n<p><em>Current stablecoin market overview. Source: <\/em><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/app.rwa.xyz\/stablecoins\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/app.rwa.xyz\/stablecoins\"><em>RWA.XYZ<\/em><\/a><\/p>\n<p>Read more<\/p>\n<\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/general\/\" target=\"_blank\" >General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/united-states-sec-covered-stablecoins-not-securities?utm_source=rss_feed&#038;utm_medium=feed&#038;utm_campaign=rss_partner_inbound\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The total stablecoin market cap has topped $228 billion and currently accounts for 1.09% of the US M2 money supply, according to RWA.XYZ. The United States Securities and Exchange Commission (SEC) released a statement on April 4 establishing guidelines for stablecoins. In an April 4 statement, the agency minted a new term, &#8220;covered stablecoins,&#8221; classifying&#8230;<\/p>\n","protected":false},"author":1,"featured_media":660823,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=1200\/https:\/\/s3.cointelegraph.com\/uploads\/2025-04\/0196025c-efb1-7e67-a9d1-44286c0dec7d","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74867,74898,75493,75269,70934,67874],"class_list":["post-660822","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-altcoin","tag-sec","tag-stablecoin","tag-us-government","tag-regulation","tag-united-states"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/660822","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=660822"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/660822\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/660823"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=660822"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=660822"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=660822"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}