Circle, the issuer of USD Coin (USDC), has argued in a court document that stablecoins pegged to sovereign currencies like the US dollar are not securities. Circle filed an amicus brief in the SEC's lawsuit against Binance, stating that stablecoins do not meet the criteria for being considered securities. The outcome of the lawsuit could have significant implications for the regulation of stablecoins as a whole.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.
