The U.S. Securities and Exchange Commission (SEC) added new provisions this week to the Broker-Dealer Financial Responsibility FAQ on its official website, allowing broker-dealers to include stablecoins in regulatory capital calculations with only a 2% 'haircut' rate. Previously, the market generally applied a 100% haircut, meaning stablecoins could not be included in capital. The new guidance means institutions can include stablecoin holdings, such as USDC issued by Circle and USDT issued by Tether, at 98% of their book value. SEC Commissioner Hester Peirce stated that this move will make it easier for brokers to engage in tokenized securities and other crypto asset-related businesses. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57001