Big news! Stablecoins now treated the same as money market funds! The SEC just released new regulations yesterday, cutting the 'haircut' (capital deduction) for compliant stablecoins held by brokers from 100% to 2%. Previously, it was a 100% deduction, so stablecoins could only count as reserve funds. Now it's just 2%, same treatment as money market funds. Institutions are estimated to unlock tens of billions in funds. This is absolutely great news for the stablecoin ecosystem I asked my Pikachu to strike a pose to celebrate!